LIFO reserve is the amount by which LIFO inventory is less than FIFO inventory.FIFO inventory = LIFO inventory+LIFO reserveLIFO COGS - FIFO COGS = ending LIFO reserve - beginning LIFO reserve
原创 | 2022-10-12 02:41:18 |浏览:1.6万
LIFO reserve is the amount by which LIFO inventory is less than FIFO inventory.FIFO inventory = LIFO inventory+LIFO reserveLIFO COGS - FIFO COGS = ending LIFO reserve - beginning LIFO reserve