Q. In LIFO method of inventory valuation? (Solved)
1. Issue of stocks to production is at latest price
2. Closing stock is at latest price
3. Both (a) & (b)
4. Neither (a) nor (b)
- a. Issue of stocks to production is at latest price
1. Issue of stocks to production is at latest price
2. Closing stock is at latest price
3. Both (a) & (b)
4. Neither (a) nor (b)