For this discussion, 1) choose a merchandising company that is in our local area, possibly one that you shop at, and determine whether you believe the company is using a perpetual or periodic inventory system. 2) Also, what costing method might they be using: Specific Identification, FIFO, LIFO, or Weighted Average? 3) Explain why you believe the company would choose to use this costing method over the others.
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For this discussion, 1) choose a merchandising company that is in our local area, possibly one that...
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