qn 8 Feedback Theck My Work a. When the FIFO method is used,...
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Accounting
qn Feedback Theck My Work a When the FIFO method is used, costs are included in cost of goods sold in the order in which they were purchased. When the LIFO method is used, the cost of the units sold is the cost of the most recent purchases.
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Feedback
Theck My Work
a When the FIFO method is used, costs are included in cost of goods sold in the order in which they were purchased.
When the LIFO method is used, the cost of the units sold is the cost of the most recent purchases.
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You can see the logs in the Dashboard.