Allright guys a lot of people seem to be confused about which exchange rate to use and when…So lets see if we can all come together and solve this issue… Under Temporal (uses historic in general) 1. Using Fifo (nothing specific given) 2. Using Fifo (told inventory was bought through out the year) 3. Same as 1 and 2 but with LIFO Under All Current (uses avg in general) 1. Using Fifo (nothing specific given) 2. Using Fifo (told inventory was bought through out the year) 3. Same as 1 and 2 but with LIFO …
sorry not getting u when u sai fifi u meane what we u or are asked to u…pls come again