accy201 at Ole Miss

3. FIFO and LIFO

in Chapter 5 (Video 3 of 4)
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FIFO and LIFO are the two most commonly used inventory costing methods. And they are also the only accounting terms that most people remember years later.

The Rest Of The Videos

1 Specific Identification 2:17
2 Weighted Average 4:21
3 FIFO and LIFO
You are here. 		20:17
4 Estimating with Gross Profit 7:23
Chapter 6 →

Chapter 5 Practice Problems

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1 Loss On Inventory Easy
2 Inventory Costing Moderate
← Chapter 4

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