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:From the following, determine the value of closing…Using the FIFO method; what is the value of the…Using the simple average method; what is the cost…Determine the value of closing stock using the LIFO methodXYZ Ltd's total sales was #100,000. It had opening…