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Would it be beneficial for a company that used a FIFO system to switch between other types, or is this permissible? For example, Is they
Would it be beneficial for a company that used a FIFO system to switch between other types, or is this permissible? For example, Is they use FIFO and one material way bought for $5 a unit last accounting period, and this period they can pay $3 a unit, switching methods could possibly increase revenues.
Could this be beneficial to a company?
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