book6, exam3: AM: q60

Q60, change from LIFO to FIFO, based on solution, it looks like it assume an price increase environment in the future, but I could not find that information from the case, anybody have any idea? Thanks.

Directly under Exhibit 2. I’ve done that before myself - I think it’s time to take a break for a little.

last sentence of the vin. " he expects prices to continue to increase in the future."