Question: Q : Assuming that prices are ( rising, falling ,and inflation) would impact on the inventory under LIFO and FIFO? ( explain the effects on
Q :
Assuming that prices are ( rising, falling ,and inflation) would impact on the inventory under LIFO and FIFO? ( explain the effects on cost of goods sold and ending inventory )

cost accounting
Its better if its computer writing but if its hand writing please clear font
3- Assuming that prices are rising, falling and inflation) would impact on the inventory under LIFO and FIFO? ( explain the effects on cost of goods sold and ending inventory) (1 Mark)
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