Published by admin on September 15, 2020 1. Acceptable inventory costing methods include:A)LIFO method.B)FIFO method.C)Lower of cost or market method.D)A & B.E)A B & C.2. A company had inventory on November 1 of 5 units at a cost of $20 each. On November 2 they purchased 10 units at $22 eac