| Marshal Ney | Wednesday, May 23, 2012 - 03:43 am 
Which one is used for computing end product quality and cost? FIFO (first in, first out), FILO (first in, last out), or the average cost method? Seeking to stockpile so this will help me determine whether or not to stockpile enough for an entire cycle.
Many thanks for your time and consideration,
Marshal Ney, CEO Ducal Enterprises GR |
| Crafty | Wednesday, May 23, 2012 - 05:01 pm
Product qualities are averaged out. |
| Phoenix King | Thursday, May 24, 2012 - 09:04 pm
Average cost method |
| Phoenix King | Thursday, May 24, 2012 - 09:05 pm
Marshal you took accounting classes in college didnt you, i did also, 3 classes to be exact. |
| Marshal Ney | Thursday, May 24, 2012 - 10:01 pm
School was a long time ago. Unless you count the armed services. Last civilian school attended was in '67. |
