Common use of Fungible Goods and Materials Clause in Contracts

Fungible Goods and Materials. 1. When in the production of goods using originating or non-originating fungible goods or materials, the origin of those fungible goods or materials shall be determined either by physical segregation of each good or material, at the producer’s choice, or through the application of one of the following inventory management methods:

Fungible Goods and Materials. 1. When in the production of goods using a good originating or non-originating fungible goods or materialsmaterials are used, the origin of those fungible goods or materials shall be determined either by physical segregation of each good or material, at the producer’s choice, or through the application of one of the following inventory management methods:

Fungible Goods and Materials. 1. When in the production of goods using originating or non-originating fungible goods or materials, the origin of those fungible goods or materials shall be determined either by physical segregation of each good or material, at the producer’s 's choice, or through the application of one of the following inventory management methods:: a) first in first out (FIFO) method;