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Discuss briefly explain FIFOmethod 2. Write the characteristic of LIFO method 3.Discuss the average cost method. 4. list down The gross profit method is useful

Discuss briefly explain FIFOmethod

2. Write the characteristic of LIFO method

3.Discuss the average cost method.

4. list down The gross profit method is useful for several purposes.

5. Explain The retail method

6. what are the d/c between FIFO and LIFO method

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