Dollar-Value LIFO

[@davida99]

Thank you for this. I knew I could count on you to understand!

[@conganhhangoc6857]

your explanation is very clear. it just make me think why this method exist other than being a prime tool for book-cooking

[@MYTHOMINHTRAN]

Correct me if I'm wrong teacher Devin. In 20X6 in the last cell contains instead of $4,000X1.12 should has been $4,000X1.15= $4,600?

[@accountinghelp]

In a period of decline, we eat up the old layer. We will never use that year's factor.