FIFO

Under FIFO method of cost valuation, the price recorded in the inventory card for a sale is ....

• Selling Price

• FIFO

• Cost Price on Source Document

• LOFI

Under FIFO method of cost valuation, the price recorded in the inventory card for a purchase is ....

• Selling Price

• FIFO

• Cost Price on Source Document

• LOFI

Under FIFO method of cost valuation, the price recorded in the inventory card for a sales return is ....

• Selling Price

• FIFO

• Cost Price on Source Document

• LOFI

Under FIFO method of cost valuation, the price recorded in the inventory card for a purchase return is ....

• Selling Price

• FIFO

• Cost Price on Source Document

• LOFI

Under FIFO method of cost valuation, the price recorded in the inventory card for an inventory loss is ....

• Most Recent price in the IN Column

• FIFO

• Cost Price on Source Document

• LOFI

Under FIFO method of cost valuation, the price recorded in the inventory card for an inventory gain is ....

• Most Recent price in the IN Column

• FIFO

• Cost Price on Source Document

• LOFI