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8 Inventory Costing Methods That You Might Not Know About

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Jake runs a used-car business in Miami. It thus ignores the effect of prices of goods and their purchase dates. Maria is a manufacturer and wholesale distributor of fresh Mexican tamales and tortillas. Cost means the amount paid to purchase the goods. Example: Jake’s Pre-Loved Lovely Cars LLP. 6,000 / $12,000 = 0.5