Business, 02.08.2019 21:20, kangasc6124

The accountant ad kline company is figuring out the difference in income taxes company will pay depending on the choice of wither fifo or lifo as an inventory costing method. the tax rate is 30% and the fifo method will result in income before taxes of $3,640. the lifo method will result in income taxes of $3,290. what is the difference in tax that would be paid between the two methods?

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The accountant ad kline company is figuring out the difference in income taxes company will pay depe...