El Pollo Loco Beverages: Per 1 serving - Calories: 100kcal | Fat: 0.00g | Carbs: 27.00g | Protein: 0.00g. Per 1 serving - Calories: 310kcal | Fat: 0.00g | Carbs: 86.00g | Protein: 0.00g. Per 1 serving - Calories: 260kcal | Fat: 0.00g | Carbs: 70.00g | Protein: 0.00g. Per 1 serving - Calories: 150kcal | Fat: 0.00g | Carbs: 42.00g | Protein: 0.00g.
The FIFO flow concept is a logical one for a business to follow, since selling off the oldest goods first reduces the risk of obsolescence. Under the FIFO method, the earliest goods purchased are the first ones removed from the inventory account.
Accounting methods. First-in, first-out (FIFO); last-in, first-out (LIFO); weighted-average cost; and specific identification are acceptable accounting methods for determining cost of inventory. FIFO and weighted-average cost are acceptable accounting methods for determining cost of inventory; LIFO is not permitted. The specific identification method is required for inventory items that are not ordinarily interchangeable and for goods or services produced and segregated for specific projects.