Which of the Following Cost Formulas Would Be Most Appropriate

question 70

Multiple Choice

Which of the following cost formulas would be most appropriate when the inventory units are unique or costly?

• A)FIFO
• B)specific identification
• C)just-in-time
• D)weighted-average

---

Definitions:

Formal Operational

The stage in Jean Piaget's theory of cognitive development where individuals develop the ability to think abstractly and logically.

Gender-stereotyped

Presumptions about individual roles and behaviors based on traditional gender roles.

Toy Preferences

Refers to the tendency of individuals, particularly children, to select toys or play items based on interests, gender, cultural norms, or developmental stage.

Masculine

Qualities, behaviors, and roles traditionally associated with men and boys, as dictated by societal norms.