which of the following does the inventory management method determine?\nwhich costs are associated with each…
which of the following does the inventory management method determine?\nwhich costs are associated with each sale\nthe inventory spoilage costs\nthe gross sales of a business
Answer
Answer:
A. which costs are associated with each sale
Brief Explanations:
Inventory management methods (like FIFO, LIFO, weighted - average) are used to assign the cost of goods sold (COGS) to each sale. Inventory spoilage costs are related to inventory waste and not determined by inventory management methods. Gross sales depend on the quantity and price of goods sold, not inventory management methods. So inventory management methods determine which costs are associated with each sale.