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View Full Version : Fifo Or Lifo Costing Method


rainbom
Apr 4, 2006, 11:34 AM
Which One Of These Costing Methods Overstates Inventory Turnover In A Period Of Inflation? Lifo Or Fifo. And Which One Matches Actual Physical Flow Of Goods. Lifo Or Fifo.

CaptainForest
Apr 5, 2006, 11:33 AM
Which One Of These Costing Methods Overstates Inventory Turnover In A Period Of Inflation? Lifo Or Fifo.

FIFO



And Which One Matches Actual Physical Flow Of Goods. Lifo Or Fifo.

LIFO