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.
The FIFO method provides the same results under either the periodic or perpetual invenÂ­tory system. Example of the First-in, First-out Method. Milagro Corporation decides to use the FIFO method for the month of January. During that month, it records the following transactions: