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Following are inventory valuation methods:

1 - Lifo (Last in first out)

2 - Fifo (First in first out)

3 - Average method.

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Following are inventory valuation methods:

1 - Lifo (Last in first out)

2 - Fifo (First in first out)

3 - Average method.

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lifo

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Weighted average inventory valuation method is method in which inventory purchased at any price is put together to calculate one price for allocation in contrast to FIFO or LIFO.

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LIFO method

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