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Understanding Inventory Costing Methods: Which Method Uses Gross Margin to Determine Inventory Cost in Retail?
inventory costing cost of goods sold weighted average method last-in first-out method first-in first-out method retail method gross margin inventory management
In which inventory costing method is the cost of inventory determined by reducing the sales value of the inventory by the appropriate percentage gross margin? Click the correct answer. When you are finished, click Done. Weighted average method Last-in First-out method First-in First-out method Retail method

Retail method

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