FIFO vs. LIFO.In comparing and contrasting FIFO vs. LIFO inventory procedures, the following listing was developed. You are to complete the tabulation with an answer of "YES" or "NO" as demonstrated by the first item. Any combination of yes-no answers is possible in each situation. 
Definitions:
Dispose of Cars
The process of discarding or recycling automobiles that are no longer in use or are considered waste.
Variable Costs
Expenses that vary in relation to the amount of production or business operations.
Square Feet
A measure of area used primarily in the United States, equal to the area of a square with sides of one foot.
Bouquets
Arrangements of flowers, typically crafted and presented as gifts, decorations, or for special occasions.
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