Fifo Lifo Weighted Average at Life

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How to Calculate the Cost of Inventory includes FIFO
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Fifo periodic, fifo perpetual, weighted average periodic, 100 chairs sold x $10 = $1,000. First in first out (fifo) and weighted average.

How to Calculate the Cost of Inventory includes FIFO

There are 14 units of the item in the physical inventory at december 31. Tiga dari metode penilaian persediaan yang paling umum adalah first in first out (fifo), last in fist out (lifo), dan average. 100 chairs sold x $10 = $1,000. Let us continue with the same example.