ACC/100 ACC100 ACC 100 WEEK 6 DISCUSSION

ACC 100 WEEK 6 DISCUSSION

Week 6 Discussion

·         Use the Internet to research the annual report of at least one (1) merchandising company. For example, while you can’t use this one, here is one from Walmart

·         Determine which costing method (Last In First Out [LIFO], First In First Out [FIFO], or weighted average cost) that is used to record inventory by your selected company.

·         Share three (3) advantages and three (3) disadvantages of using the type of costing method (LIFO, FIFO, and weighted average) that the company has implemented.

·         Provide support for your response.

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