the first-in, first-out method is a widely used inventory valuation method that assumes that the goods ars sold(by merchandising) or materials are issued to production department(by manufacturing companies) in the order in which they are purchased.
the first-in, first-out method is a widely used inventory valuation method that assumes that the goods ars sold(by merchandising) or materials are issued to production department(by manufacturing companies) in the order in which they are purchased.