Presentation on Inventories

General purpose of this lecture is to Presentation on Inventories. This lecture focus to explain on What is FIFO and Why a company take FIFO method for their industry. Also discuss on LIFO and Advantages, disadvantages of Last In First Out (LIFO) method LIFO. This lecture analysis on the Use of Weighted Average Cost Method, this part focus on Advantages and Disadvantages of Weighted Average Cost Method, Less Accurate and Slow or False Reflect in Change. All these