Accountancy, asked by gopikaanandan143, 1 month ago

Distinguish between FIFO and weighted average method of stock valuation.​

Answers

Answered by neetusingh581981
4

Answer:

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Answered by aashigngwr
1

Explanation:

The key difference between FIFO and weighted average is that FIFO is an inventory valuation method where the first purchased goods are sold first whereas weighted average method uses the average inventory levels to calculate inventory value.

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