Register now or log in to join your professional community.
<p><em><strong>a. FIFO.</strong></em></p> <p><em><strong>b. Dollar-value LIFO.</strong></em></p> <p><em><strong>c. Weighted average.</strong></em></p> <p><em><strong>d. Moving average.</strong></em></p>
A is correct
Fifo is Correct answer. In the of rising price inventories bought earlier would be less costly than the current price so give higher GP hence maximize Profit.
FIFO would be the best option
