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.
First-In, First-Out (FIFO) Method. First-In, First-Out (FIFO) is one of the methods commonly used to calculate the value of inventory on hand at the end of an accounting period and the cost of goods sold during the period.he actual flow of inventory may not exactly match the first-in, first-out pattern. First-In, First-Out method can be applied in both the periodic inventory system and the perpetual inventory system. The following example illustrates the calculation of ending inventory and cost of goods sold under FIFO method: