Hello, I am watching the BEC NINJA BISK lectures and I see that in the videos it is mentioned that there are only 2 cost flow assumptions (FIFO, weighted average), aren't there 3 (FIFO, LIFO, weighted average)? thank you
The Cost Flow assumptions for manufacturing using Equivalent Units is either FIFO or Weighted Average… there is no LIFO cost assumption.
BEC 71, 82
FAR 61, 69, 83
thank you so so much mckan514w!
Don't have a login? Click here to register.
© 2021 another71. All rights reserved.
Terms & Conditions | Sitemap