downward price pressure: does it mean upward cost of production? I thought it means inventory price goes down. the older inventory price will be highter than the newer inventory. so FIFO would experience less inventory write down…thanks.
downward price pressure: does it mean upward cost of production? I thought it means inventory price goes down. the older inventory price will be highter than the newer inventory. so FIFO would experience less inventory write down…thanks.