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Lifo, fifo and weighted average Inventory Costing Methods As a mechandeling business purchases to the ple, it typically finds that story out increase over time.
Lifo, fifo and weighted average
Inventory Costing Methods As a mechandeling business purchases to the ple, it typically finds that story out increase over time. This is red to as the tion. One implication of nation is that different story with busted wachse will condition while may be purchased months curter for another unit may have been puheesecently for $52 How, then, does the business determine the cost of the Duraning in the worse at the end of the period the ending to toy balance for the perioder Typkaly stood out to track the of cach nit of evento, so if the basis twelvetre in nentory at the end of the period, co se the $50 or the $52 amount for cheating in order these figured to determine thing istory balu? Tower this time, butches of the torting made out is first FIFO is first ted LIFO (Latin, First Out) Under the method, the businesses that the most recent for et goed added to inventory are sold to customers before the good in invent that they the first godt of the warehouse Wetering and inwentarybeline, you use the cost of the list obtained good in the cakeltibes the last goods cited are sold is consistent with the place by the final bus, the periodic som under which the chosen ased one of the and at the periodisme there and throughout this chapter FIFO (First In, First Out "The PFO methodicisely the post of the LIPO method Under the method them that the rest of added to investo customers before other great story that they are the first and out of the ww) When determining ending story balans you the coat of the met totalidade in the cleans--because the first goede bandar Weighted Average The weinig med en un ending into balance that fall between the lines that would be called under the PO and methods Under the weighted average method, the banes divides the total cost of algoed that were in the house during the period by the totalmber of its that were In the warches daring the period. These intelege cost per unit. This wrighed port thermaltipled by the murder of units remaining in the ware was the end of the period in order to do the ending very balance Inventory Costing Methods As a mechandeling business purchases to the ple, it typically finds that story out increase over time. This is red to as the tion. One implication of nation is that different story with busted wachse will condition while may be purchased months curter for another unit may have been puheesecently for $52 How, then, does the business determine the cost of the Duraning in the worse at the end of the period the ending to toy balance for the perioder Typkaly stood out to track the of cach nit of evento, so if the basis twelvetre in nentory at the end of the period, co se the $50 or the $52 amount for cheating in order these figured to determine thing istory balu? Tower this time, butches of the torting made out is first FIFO is first ted LIFO (Latin, First Out) Under the method, the businesses that the most recent for et goed added to inventory are sold to customers before the good in invent that they the first godt of the warehouse Wetering and inwentarybeline, you use the cost of the list obtained good in the cakeltibes the last goods cited are sold is consistent with the place by the final bus, the periodic som under which the chosen ased one of the and at the periodisme there and throughout this chapter FIFO (First In, First Out "The PFO methodicisely the post of the LIPO method Under the method them that the rest of added to investo customers before other great story that they are the first and out of the ww) When determining ending story balans you the coat of the met totalidade in the cleans--because the first goede bandar Weighted Average The weinig med en un ending into balance that fall between the lines that would be called under the PO and methods Under the weighted average method, the banes divides the total cost of algoed that were in the house during the period by the totalmber of its that were In the warches daring the period. These intelege cost per unit. This wrighed port thermaltipled by the murder of units remaining in the ware was the end of the period in order to do the ending very balanceStep by Step Solution
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