Get expert advice and community support for all your questions on IDNLearn.com. Get accurate and detailed answers to your questions from our dedicated community members who are always ready to help.
Sagot :
The last station responsible for handling the after-sales processes goes out correctly is First Out.
What is FIFO?
First In, First Out (FIFO) is a system of asset management and valuation in which assets created or acquired first are sold, used, or disposed of first.
For tax purposes, FIFO assumes that the assets with the oldest expenses are included in the cost of goods sold on the income statement (COGS). The remaining inventory assets are matched with the most recently purchased or manufactured assets.
To learn more about FIFO visit:
https://brainly.com/question/6352710
#SPJ4
Your presence in our community is highly appreciated. Keep sharing your insights and solutions. Together, we can build a rich and valuable knowledge resource for everyone. Find clear and concise answers at IDNLearn.com. Thanks for stopping by, and come back for more dependable solutions.