This paper circulates around the core theme of Inventory valuation methods determine the cost of goods sold and the inventory balance.Explain how the First in First out (FIFO) method is applied and provide an example of the impact that this method of inventory valuation will have on Gross Profit. together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 45. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.