You are a healthcare financial analyst at San Gabriel LabCorp, a blood and pathology laboratory with clinical lab networks throughout Northern California. San Gabriel LabCorp now enforces a uniform policy of utilizing inventory (consisting mostly of test tubes, vials, storage accessories, and sample/test kits) "in order of precedence." so that inventory with earlier expiry or purchase dates is taken out and used ahead of more recent purchases. As a healthcare financial analyst, which would you use as the most suitable inventory valuation method at San Gabriel LabCorp? O FIFO ovariance analysis O weighted averaging (WA). O specific identification O time-frame analysis OLIFO
