per the video summary there are three 3 primary inventory costing methods used by companies lifo fifo and weighted average

it is business homework
April 3, 2023
600 words presentation story
April 3, 2023

per the video summary there are three 3 primary inventory costing methods used by companies lifo fifo and weighted average

Part 1: Post a Response

View this short introduction to the discussion.

Click here to watch the video

Per the video summary, there are three (3) primary inventory costing methods used by companies: LIFO, FIFO, and Weighted Average. With each method comes a number of pros and cons that a company must consider when implementing its inventory management strategy. Select a company below and discuss the advantages associated with its chosen inventory costing method.

Target – Uses LIFO

Amazon – Uses FIFO

FedEx – Uses Weighted Average

Target Amazon FedEx

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Part 2: Respond to a Peer

Read a post by one of your peers and respond, making sure to extend the conversation by asking questions, offering rich ideas, or sharing personal connections.

 
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