The most appropriate basis for apportioning inventory holding cost among departments is to use the value of? by Sunday | Dec 10 | Accounting JAMB | 0 comments A. purchases B. opening stock C. closing stock D. average stock Correct Answer: Option B – opening stock Users Also Read These:Calculate the salvage value of a tractor with a…The beginning inventory was estimated at 80% of…In the theory of production and cost, the average…SS2 Third Term Further Mathematics Lesson Note –…If TC, FC and VC represent total cost, fixed cost…