Photos are intended for general color reference only. Refer to Color Chart for actual color samples. Hawthorne Starfire Acrylic Urethane Auto Paint is a premium quality, single-stage OEM/Refinishing System which provides excellent gloss and durability in an easy to apply economical single-stage package.
Different cost of goods sold and inventory values us ually result from different cost flow assumptions. During periods of rising prices, FIFO produces lower cost of goods sold, higher ending inventory, and. higher gross profit (and income) than LIFO because FIFO includes the oldest and lowest costs in cost.
1. The Inventory Cost Model For our simple inventory model, the following information is provided: Q = the quantity of items to be ordered in a year h = the cost per order s = storage costs (including interest or capital costs)/itemThe independent variable is x = the number of items in each order.