BUISENESS MANAGEMENT
INVENTORY CONTROL
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
The Hometown Hardware store sells hardware supplies. Included in the inventory are boards, nails, screws, and tools. These items were purchased throughout the year at differing prices. The owner assigns an average cost to each item in inventory. What type of inventory control method does the Hometown Hardware use?
|
|
Special Identification
|
|
|
Last In, First Out
|
|
|
Weighted Average
|
|
|
First In, First Out
|
Explanation:
There is 1 question to complete.