(APPENDIX 6B) INVENTORY COSTING METHODS: PERIODIC LIFO

Posted on by admin

(APPENDIX 6B) INVENTORY COSTING METHODS: PERIODIC LIFO

Refer to the information for Filimonov Inc. given earlier (see Cornerstone Exercise 6-23). Assume that Filimonov uses a periodic inventory system.
Exercise 6-23
INVENTORY COSTING: LIFO
Refer to the information for Filimonov Inc. in the box above. Assume that Filimonov uses a perpetual inventory system.

READ ALSO :   Q. Show that a closed right circular cylinder of given total surface area S and maximum volume V is such that its height h is equal to diameter of the base.