Organizations utilize at least one inventory method (FIFO, LIFO, or weighted-average) to calculate their cost of goods sold and ending balance of inventory. Find an article that discusses a business that utilizes one of the three inventory methods or provide a real-life example. Then, share with the class the selected examples inventory method and the methods characteristics.

Organizations utilize at least one inventory method (FIFO, LIFO, or weighted-average) to calculate their cost of goods sold and ending balance of inventory. Find an article that discusses a business that utilizes one of the three inventory methods or provide a real-life example. Then, share with the class the selected examples inventory method and the methods characteristics.

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