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In a perpetual inventory system:

a) LIFO cost of goods sold will be the same as in a

periodic inventory system.

b) average costs are a simple average of unit costs

incurred.

c) a new average is computed under the average cost

method after each sale.

d) FIFO cost of goods sold will be the same as in a

periodic inventory system.

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Question ajoutée par Moataz Elsabawy , مدير مالى , مجموعه شركات الانصار
Date de publication: 2016/11/13
Aslam Khan
par Aslam Khan , Senior Accounts Officer , Pakistan Software Export Board

option d is seems to be right option

 

a new average is computed under the average cost method after each sale

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