Solved: What inventory cost flow method does tootsie roll, Accounting Basics

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What inventory cost flow method does tootsie roll

What inventory cost flow method does Tootsie Roll Industries use for U.S. inventories? What method does it use for foreign inventories?

(Hint: You will need to examine the notes for Tootsie Roll"s financial statements.) Why does it use a different method for foreign inventories?

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Accounting Basics: What inventory cost flow method does tootsie roll

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