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During 2019 (its first year of operations) and 2020, Fieri Foods used the FIFO inventory...

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Accounting

During 2019 (its first year of operations) and 2020, Fieri Foods used the FIFO inventory costing inventory costing method for both financial reporting and tax purposes. At the beginning of 2021, Fieri decided to change to the average method for both financial reporting and tax purposes.

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