Historical cost of inventories may be determined by using?

انوینٹری کی تاریخی قیمت کا استعمال کرتے ہوئے تعین کیا جا سکتا ہے؟

FIFO

LIFO

Variable Costing Method

Both A & B

Historical cost of inventories may be determined by using FIFO & LIFO.

FIFO stand for First In, First Out.

LIFO stands for last in, first out