The LIFO-to-FIFO adjustment for a company that uses LIFO for only a portion of its inventory is different from the method used when a company uses LIFO for its entire inventory.

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The Answer of The LIFO-to-FIFO adjustment for a company that uses LIFO for only a portion of its inventory is different from the method used when a company uses LIFO for its entire inventory.

The LIFO-To-FIFO Adjustment for a Company That Uses LIFO for Only