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