Why should a company choose a particular cost flow method? We learned that a company's...
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Accounting
- Why should a company choose a particular cost flow method?
- We learned that a company's accounting cost flow method doesn't have to match their physical flow of goods, but can you share an example of what FIFO or LIFO (or even weighted average?)might look like physically in terms of the movement of goods for a merchandising company?
- Why should a company choose a particular cost flow method?
- We learned that a company's accounting cost flow method doesn't have to match their physical flow of goods, but can you share an example of what FIFO or LIFO (or even weighted average?)might look like physically in terms of the movement of goods for a merchandising company?
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