Price of Material Issue - FIFO, LIFO & Weighted Average By CA Raj K Agrawal
Автор: Study At Home
Загружено: 2019-12-08
Просмотров: 12540
Описание:
Topics discussed in the video-
00:00 - Introduction
00:17 - Pricing of Material Issued
05:40 - First in First out (FIFO)
11:40 - Example
Welcome to our comprehensive guide on material costing methods: FIFO, LIFO, and Weighted Average! Have you ever wondered how businesses determine the cost of materials issued from their inventory? Look no further! CA Raj K Agrawal unravels the complexities of FIFO, LIFO, and Weighted Average methods, shedding light on their applications, benefits, and implications for financial reporting. Whether you're a business owner, accounting professional, or simply curious about inventory valuation, this video is a must-watch!
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