Last In First Out is a type of inventory management where the most recently produced/purchasesd items are the first to be expensed. Last In First Out method is commonly used in the United States this method is suitable for nonperishable goods.
Last In First Out is a type of inventory management where the most recently produced/purchasesd items are the first to be expensed. Last In First Out method is commonly used in the United States this method is suitable for nonperishable goods.
