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John's EVs (JEV) is a startup electric car manufacturer fully based in the US. In its first three years it spends 1M, 3M, 5M in
John's EVs (JEV) is a startup electric car manufacturer fully based in the US. In its first three years it spends 1M, 3M, 5M in R&D. European EVs (EUEV) is a rival company based in European Union and also spends 1M, 3M, 5M in R&D. JEV and EUEV both order components to make their cars. Both of their inventory managers are both confused and turn to you as an international advisor to get guidance on the following questions. Which company can choose between FIFO and LIFO for inventory methodology? Group of answer choices a. JEV b. EUEV
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