During A Period Of Rising Prices Which Inventory Cost Flow Assumption Will Gener

During a period of rising prices, which inventory cost flow assumption will generally reflect the highest gross margin on sales? A. LIFO. B. FIFO. C. Weighted average. D. Specific identification. During a period of rising prices, which inventory cost flow assumption will reflect the lowest cost of ending inventory? A. LIFO. B. FIFO. C. Weighted average. D. Specific identification.