Question

When identical units of an item are purchased at different costs, a.an inventory cost flow method is not used under either a perpetual or a periodic inventory system. b.an inventory cost flow method must be used under a perpetual inventory system only. c.an inventory cost flow method must be used under both a perpetual and a periodic inventory system. d.an inventory cost flow method must be used under a periodic inventory system only.

Answer 1

The answer is c.an inventory cost flow method must be used under both a perpetual and a periodic inventory system.

Step-by-step explanation: