Answer :
The method would result in a higher profitability when inventory costs are rising is FIFO.
The FIFO method means first-in, first-out. It is an inventory system where the cost of good sold is determined using the inventories that were purchased earliest.
For example, assume that the following inventories were purchased: on October 1, 10 units of pencil was bought at $2. On October 20, to units of pencil was bought at $3. On October 24, five units of pencil was sold at a cost of $5. If the FIFO method is used, the cost of goods sold would be $2. This is because it is the inventory that was purchased the earliest.
To learn more, please check: https://brainly.com/question/16681270?referrer=searchResults