Weighted Average Cost Accounting Inventory Valuation Method
FIFO shows the actual cost of goods and indicates the exact or increased profit, leading to increased taxes. Thus, many businesses refrain from using FIFO in the USA, although it is used when the company’s growth is to be flaunted, especially in front of investors. Whether you’re manufacturing items or purchasing products from a supplier […]
Weighted Average Cost Accounting Inventory Valuation Method Read More »