Identify inventory cost formulas

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Identify the advantages and disadvantages of each formula in (a). Hint: based on the ratios required by suppliers, banks, etc.)

Question (a) Which method do you recommend? Explain briefly.

Question (b) Considering the choice of inventory cost formulas that are available, do the ratios noted above adequately measure the financial performance of Languet Products from the perspective of the users?

Reference no: EM132463911

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