FIFO and LIFO - Ac 210, University of Alabama

3. FIFO and LIFO

in Chapter 7 (Video 3 of 4)

20 minutes

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FIFO and LIFO are the two most commonly used inventory costing methods. And they are also the only accounting terms that most people remember years later.

The Rest Of The Videos

Chapter 8 →

Chapter 7 Practice Problems

← Chapter 6

1	Specific Identification	2:17
2	Weighted Average	4:21
3	FIFO and LIFO You are here.	20:17
4	Estimating with Gross Profit	7:23

	Click Here to View All Chapter 7 Problems at Once	View
1	Loss On Inventory	Easy
2	Inventory Costing	Moderate

3. FIFO and LIFO

The Rest Of The Videos

Chapter 7 Practice Problems

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