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15%. 8Multiple Choice Question 118 The consistent application of an inventory costing method is essential for accuracy. efficiency. comparability. conservatism. 9Multiple Choice Question 168 The inventory turnover ratio is computed by dividing cost of goods sold by beginning inventory. ending inventory. average inventory. 365 days. 10Multiple Choice Question 126 Switzer, Inc. has 5 computers which have been part of the inventory for over two years. Each computer cost $600 and originally retailed for