FIFO (first-in, first-out) â assumes that the first goods purchased or produced are the first goods sold. Ending inventory is valued at the most recent purchase or production costs. LIFO (last-in, first-out) â assumes that the most recent goods purchased or produced are the first goods sold.
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RECONSIDER: Creatine. The supplement -- which comes in both pill and powder form -- is used after workouts to help build muscles. But, it can also result in kidney damage, result in significant dehydration and has been purported to worsen asthma, Dr. Mickey Barber, president of Cenegenics Carolinas, explains.