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  1. business
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  3. for each of the following situations, identify the

For each of the following situations, identify the inventory method that you are using or...

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Accounting

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For each of the following situations, identify the inventory method that you are using or would prefer to use, or, given the use of a particuilar method, state the strateqy that you would follow to accomplish your goal. a. Inventory costs are increasing. Your business uses the FIFO method and is having an unexpectedly good year. It is near year end, and you need to keep net income from increasing too much

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