Accountancy, asked by sanjeetpal908, 5 months ago

under this method it is assumed that the units are issued at a random order​

Answers

Answered by Anonymous
0

The methods under which it is assumed that the units are issued at a random order:

• FIFO and LIFO accounting are inventory management and financial accounting procedures that involve the amount of money a corporation must keep in the inventory of manufactured goods, raw materials, parts, components, or feedstocks.

• They're utilised to handle inventory expenses, stock repurchases (if purchased at different prices), and a variety of other accounting functions.

• When determining inventory costing methods, apply the following equation:

Inventory=displaystyle text beginning Inventory Balance+textPurchased (or Manufactured)

Answered by nuragpatil9
0

Answer:

yhe inventory costing method that is base on the assumption that cost should br charges revune order in which they in chart is

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