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Inventory valuation (view source)
Revision as of 22:08, December 13, 2020
, 22:08, December 13, 2020no edit summary
When the five units are sold, they are removed at $60 (5 units @ $12 each), and the remaining inventory valuation is $300 (25 units x $12 average cost). Under a moving average method, if the center purchases 15 more units at $14 each (total $210), the valuation is now $510, with 40 units in stock; the new weighted average is $12.75 per unit.
When the five units are sold, they are removed at $60 (5 units @ $12 each), and the remaining inventory valuation is $300 (25 units x $12 average cost). Under a moving average method, if the center purchases 15 more units at $14 each (total $210), the valuation is now $510, with 40 units in stock; the new weighted average is $12.75 per unit.
[[Category:Accounting]]
[[Category:Accounting Terms]]