Which of these is the method of pricing issues, stock is valued at historical price? A. FIFO B. LIFO C. Simple Average D. Weighted Average
Question
Solution 1
The method of pricing issues where stock is valued at historical price is B. LIFO (Last In, First Out). This method assumes that the most recently produced items are sold first and those produced earlier are sold last. Therefore, the value of the inventory is based on the cost of materials, labor, a Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv
Similar Questions
Which of these is the method of pricing issues, stock is valued at historical price? A. FIFO B. LIFO C. Simple Average D. Weighted Average
A. not determinable. B. the LIFO method. C. the weighted average unit cost method. D. the FIFO method.
A queue is a ____________________ data structure. A. link based B. none of the above C. FIFO D. LIFO E. array based
Under the Marginal cost pricing, the price is determined on the basis of; A. Fixed cost B. Variable cost C. Total cost D. Average cost
......... form of access is used to add and remove nodes from a queue. Options LIFO, Last In First Out FIFO, First In First Out Both a and b None of these