The company more likely to use specific identification to value its inventory and cost of goods sold is the Custom home builder.

Here's why:

1. Fast food restaurant: They deal with a high volume of identical items (like burgers or fries), so it would be impractical and unnecessary to track each item individually.

2. Bulk candy merchandiser: Similar to the fast food restaurant, they deal with large quantities of identical items (like candy bars or gummy bears). It would be inefficient to track each piece of candy individually.

3. Dog biscuit manufacturer: They produce large quantities of identical items (like dog biscuits). It would be inefficient and unnecessary to track each biscuit individually.

4. Custom home builder: They deal with unique, high-value items (like custom homes). Each home is different and has a different cost associated with it, so it makes sense to track each home's cost individually. This is why they are more likely to use specific identification to value their inventory and cost of goods sold.

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The company more likely to use specific identification to value its inventory and cost of goods sold is the Custom home builder.

Here's why:

1. Fast food restaurant: They deal with a high volume of identical items (like burgers or fries), so it would be impractical and unnecessary to track each item individually.

2. Bulk candy merchandiser: Similar to the fast food restaurant, they deal with large quantities of identical items (like candy bars or gummy bears). It would be inefficient to track each piece of candy individually.

3. Dog biscuit manufacturer: They produce large quantities of identical items (like dog biscuits). It would be inefficient and unnecessary to track each biscuit individually.

4. Custom home builder: They deal with unique, high-value items (like custom homes). Each home is different and has a different cost associated with it, so it makes sense to track each home's cost individually. This is why they are more likely to use specific identification to value their inventory and cost of goods sold.

Knowee AI · Accepted Answer

The company more likely to use specific identification to value its inventory and cost of goods sold is the Custom home builder.

Here's why:

1. Fast food restaurant: They deal with a high volume of identical items (like burgers or fries), so it would be impractical and unnecessary to track each item individually.

2. Bulk candy merchandiser: Similar to the fast food restaurant, they deal with large quantities of identical items (like candy bars or gummy bears). It would be inefficient to track each piece of candy individually.

3. Dog biscuit manufacturer: They produce large quantities of identical items (like dog biscuits). It would be inefficient and unnecessary to track each biscuit individually.

4. Custom home builder: They deal with unique, high-value items (like custom homes). Each home is different and has a different cost associated with it, so it makes sense to track each home's cost individually. This is why they are more likely to use specific identification to value their inventory and cost of goods sold.

Of the 4 companies listed below, which company is more likely to use specific identification to value its inventory and cost of goods sold?Multiple choice question.Fast food restaurantBulk candy merchandiserDog biscuit manufacturerCustom home builder

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