document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=251977>Question 251977</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Accounting procedures allow a business to evaluate their inventory at LIFO (Last In First Out) or FIFO (First In First Out).  A manufacturer evaluated its finished goods inventory (in $ thousands) for five products both ways.  Based on the following results, is LIFO more effective in keeping the value of his inventory lower?\r<BR>\n" );
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document.write( "Product	FIFO    (F)	LIFO (L)<BR>\n" );
document.write( "1	225	221<BR>\n" );
document.write( "2	119	100<BR>\n" );
document.write( "3	100	113<BR>\n" );
document.write( "4	212	200<BR>\n" );
document.write( "5	248	245<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #184001 by </B><A HREF=/tutors/aboutme.mpl?userid=checkley77><B>checkley77(12844)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=checkley77><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=184001\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Product	FIFO    LIFO <BR>\n" );
document.write( "1	225	221<BR>\n" );
document.write( "2	119	100<BR>\n" );
document.write( "3	100	113<BR>\n" );
document.write( "4	212	200<BR>\n" );
document.write( "5	248	245<BR>\n" );
document.write( "------------------------- ADD<BR>\n" );
document.write( "*904**875<BR>\n" );
document.write( "LIFO RESULTS IN A SMALLER INVENTORY. </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );