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-   -   How to calculate FIFO, LIFO? (https://www.askmehelpdesk.com/showthread.php?t=535276)

  • Dec 16, 2010, 12:58 PM
    bunny101
    How to calculate FIFO, LIFO?
    July 1st beginning purchase 10un.@120 July 5th purchase 60un@112 July 14th sale 40@ July 21st purchase 30@115 July 30th sale 28@ Calculate for FIFO, LIFO: Answers: FIFO: 3674, 3644, 7696, 7706
  • Dec 16, 2010, 01:21 PM
    Just Looking

    This looks like a repeat question, unless they are now asking for the Inventory amount?
  • Dec 16, 2010, 01:26 PM
    bunny101
    Comment on Just Looking's post
    For fifo, lifo... answer is: fifi=7696 and lifo=7706... just asking is it right...
  • Dec 16, 2010, 01:32 PM
    Just Looking

    Yes, I saw your other question where you asked that and I answered it.

    https://www.askmehelpdesk.com/accoun...fo-535233.html

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