Chapter 18

Descripción

Fichas sobre Chapter 18, creado por DaLena Schultz el 26/09/2024.
DaLena Schultz
Fichas por DaLena Schultz, actualizado hace 2 meses
DaLena Schultz
Creado por DaLena Schultz hace 2 meses
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Resumen del Recurso

Pregunta Respuesta
Perpetual inventory system inventory always up to date
Periodic inventory system Physical count taken after a certain amount of time
Specific identification method cost of ending inventory by each item remaining
Weighted-average method cost of ending inventory by average unit cost
FIFO First in first out bought first is sold first
LIFO Last in first out last inventory bought is first to be sold
Retail method ratio times ending inventory
Gross profit mehtod estimate value of inventory
Inventory turn over ration for how quick items sell
Just in time inventory system suppliers provide material daily
Overhead expenses not directly with the products
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