discussion 6 accountmg
flyty516
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Per the video summary, there are three (3) primary inventory costing methods used by companies: LIFO, FIFO, and Weighted Average. With each method comes a number of pros and cons that a company must consider when implementing its inventory management strategy. Select a company below and discuss the advantages associated with its chosen inventory costing method.
Target - Uses LIFO
Amazon - Uses FIFO
FedEx - Uses Weighted Average
6 years ago
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InventoryCostMethods.docx
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