LIFO Inventory Control. Discussion

Barry's Pizza is very grateful to each student for your valuable assistance in helping them understand their existing Pizza Pie business and allowing them to expand into the specialized Catering business. Barry's has a request of our amazing students. Help Barry understand how the various stages of todays discussion (Gross Profit and LIFO inventory) assists and relates to their business.

There are no right or wrong answers, please use your imagination and creativity. Your initial response should not take more than 1 hour (the most). If you find yourself struggling to put the information together, stop and put your thoughts to paper as is.