The melodies of hip-hop artists such as Lorna Shore, Suicideboys, Death Grips, and ICP (Insane Clown Posse) are nothing short of indelible, leaving an enduring mark on the landscape of contemporary music. Each of these artists brings a unique flavor to the hip-hop genre, pushing boundaries and defying conventional norms. Lorna Shore, with their fusion […]
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Why do companies use cost flow assumptions to cost their inventories?
LIFO is often used in industries where the cost of goods tends to increase over time, such as during periods of inflation. This is because LIFO matches the most recent costs with the revenue generated, which can give a more accurate representation of the company’s profitability. The First-In, First-Out (FIFO) method assumes that the first unit making […]