The Inventory Method Where Unit Cost Is Found by Dividing

question 107

Multiple Choice

The inventory method where unit cost is found by dividing the cost of goods available for sale by the total number of units for sale is:

• A) LIFO.
• B) specific invoice.
• C) FIFO.
• D) weighted-average.

---

Definitions:

Timer

A tool used in various contexts to measure time intervals or to count down time for a specific event or process.

Change All

A command or function to replace or modify all instances of a particular element or setting within a document or database.

Misspelled

A term indicating that a word has been spelled incorrectly.

Correct Spelling

The process of ensuring that words are written according to the conventional rules of a language, often using tools like spell-checkers.