When identical units of an item are purchased at different costs, a. an inventory cost flow method is not used under either a perpetual or a periodic inventory system. b. an inventory cost flow method must be used under a perpetual inventory system only. c. an inventory cost flow method must be used under both a perpetual and a periodic inventory system. d. an inventory cost flow method must be used under a periodic inventory system only.

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2 September, 21:21

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Alena Valdez · Answer 1

The answer is c. an inventory cost flow method must be used under both a perpetual and a periodic inventory system.