Financial Accounting: Inventory Costing Methods - L1 - Victoria Chiu
Автор: Rutgers Accounting Web
Загружено: 2013-04-29
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Описание:
Introduction to Financial Accounting
Lecture 1: Inventory Costing Methods
by Victoria Chiu
Class Starts: 0:08
Inventory Costing Methods: 0:13
Specific Unit Cost: 4:21
First-In, First-Out (FIFO): 6:37
Last-In, First-Out (LIFO): 15:49
Average Cost: 22:58
Recap: FIFO, LIFO, Average Cost: 31:50
Exercise: 37:2
--- Solution: 53:18
Effects of the Three Costing Methods: 1:03:09
Inventory Accounting in a Perpetual System: 1:03:22
Comparison of the Three Costing Methods: 1:06:04
Advantages of Each Costing Method: 1:07:53
Apply the lower-of-cost-or-market rule to inventory: 1:10:11
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