Which of the following inventory costing methods results in the lowest value of ending inventory during a period of rising inventory costs? a. First - in, first - out
b. specific identification
c. weighted - average
d. last-in, first-out

d

Explanation:

LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.

If the LIFO method is used, the goods sold would be the more expensive ones while the ending inventory would consist of older inventories that are cheaper

For example, the following inventory were bought :

Jan 1 5 units of metals at $200

Jan 2 5 units of metals at $250

5 units are sold

If the LIFO method is used, the ending inventory would be the 5 units of metals purchased in jan 1 at $200

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

                                          hope it