Question: Explain why last in first out (LIFO) has an edge over first in first out (FIFO) or any othermethod of pricing maternal issues.

Explain why last in first out (LIFO) has an edge over first in first out (FIFO) or any othermethod of pricing maternal issues.

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Last In First Out LIFO has an edge over First In First Out FIFO or other methods of pricing inventory for several reasons 1 Matching Costs with Revenu... View full answer

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