Explain the unit of measure under the dollar$-$value LIFO method of inventory valuation.

A$.$ Dollars are a corrmon unit of measure under the doltar$-$value LIFO method, regardess of the specific invertory hem. With dollar$-$value Lifo, we are really accounting for dollars and not the physical units into dolliws.

dollars. Dollarvalue LIFO permits a wider rarge of products in the pool than other LiFO methods. Therefore, an eatremely diverse invertory can be made homegenous by keeping the physical units in units.

C$.$ Units are a common unit of measure under the dollar$-$value LIFO methed, repardless of the specific invertory liem. With dollar$-$value LiFO, we are really accounting for unts and not dollars. Dollar$-$value LIFO resticts the range of products in the pool than other LiFO methods. Therefore, If a company has irwertory with similar itema they can account for them by keeping the physical units in units.

D$.$ Dollars are a cormon unit of measure under the dollar$-$value LIFO method, regardless of the specific inventery liem. With dollar$-$value LiFO, we ave really accounting for abliars and not units. Dollar$-$value LIFO permits a wider range of products in the pool than other LIFO methods. Therefore, an extremely diverse invertiony can be made homogenous by restating the physical units into dollars.