Under the first-in, first-outmethod, it is assumed that the first units acquired are the first ones sold; ending inventory is valued at the most recent purchase prices.
在先进先出法下,假设企业首先销售最早购入的商品,期末存货按最近的购货价格计价。
2
The change to IFRS would force a company to adopt the first-in-first-out (FIFO) methodology or weighted average cost method.
国际财务报告准则的变更,将迫使公司采取先进先出(FIFO)方法或加权平均成本法。
3
Commonly used in disk drive scheduling algorithms are: simple disk drive scheduling algorithm is firstinfirstout (FIFO) method.