Part 3 of a 4 part series:
Part 1 • [PART 1] What Are the Basics of FIFO, LIFO...
Part 2: • [PART 2] How Do Periodic Methods and FIFO ...
Part 3: (this video) • [PART 3] How Do You Use LIFO with a Perpet...
Part 4: • [PART 4] How Do You Use the Weighted Avera...
Using LIFO perpetual determining Cost of Goods Sold and Ending Inventory