what is the dollar-value method of LIFO

Question # 00637047 Posted By: rey_writer Updated on: 01/13/2018 05:16 AM Due on: 01/13/2018
Subject Accounting Topic Accounting Tutorials:
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what is the dollar-value method of LIFO inventory valuation? What advantage does the dollar-value method have over the specific goods approach of LIFO inventory valuation? Why will the traditional LIFO inventory costing method and the dollar-value LIFO inventory costing method produce different inventory valuations if the composition of the inventory base changes

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  1. Tutorial # 00635807 Posted By: rey_writer Posted on: 01/13/2018 05:17 AM
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