Determine the closing stock under LOFO method? by Sunday | Dec 7 | Accounting JAMB | 0 comments A. N575 B. N500 C. N375 D. N275 Correct Answer: Option A – N575 Users Also Read These:Using the simple average method; what is the cost…In a period of inflation; which of the following…The method of stock valuation in which the issue…Using the FIFO method; what is the value of the…Opening the stock plug plus purchase of less closing…