Tuesday, July 31, 2012

inventory costing options

If you order your custom term paper from our custom writing service you will receive a perfectly written assignment on inventory costing options. What we need from you is to provide us with your detailed paper instructions for our experienced writers to follow all of your specific writing requirements. Specify your order details, state the exact number of pages required and our custom writing professionals will deliver the best quality inventory costing options paper right on time.

Out staff of freelance writers includes over 120 experts proficient in inventory costing options, therefore you can rest assured that your assignment will be handled by only top rated specialists. Order your inventory costing options paper at affordable prices with Live Paper Help!



over the next fiscal year is considered an asset and therefore taxable. Since inventory space is costly, poor inventory management can result in the need to expand warehouse storage and can result in a decrease of profit. The main benefit of keeping high levels of inventory is that it will ensure high level of sales and customer service. This is because a company will be able to meet customer demand.


A major part of financial reporting is the determination of the cost of the ending merchandise inventory. There are four methods that can be used and each method will generate a different outcome and each is used according to a businesses needs. A company that could use all four may be Costco. Since they sell a variety of different


1. Specific identification is practical when a company can positively identify which particular units were sold and which are still in ending inventory. Specific identification would be used for companies like auto dealers where they can keep specific records because each auto has a VIN number.


. The weighted average method means that the costs of sales are determined by the average cost of the items were purchased determined at the time of sale. The weighted average is mainly used by gas stations. When new gasoline is purchased it is mixed in the tank with the previous gasoline.


live paper help



. First-in, first out, (FIFO) method assumes that the first unit making its way into inventory is the first sold. FIFO should be used where inventories (particularly perishables) are kept.


4. Last in-first-out (LIFO) is the opposite of FIFO. This method assumes that the last unit making its way into inventory is sold first. The outdated inventory is therefore left over at the end of the accounting period.





Please note that this sample paper on inventory costing options is for your review only. In order to eliminate any of the plagiarism issues, it is highly recommended that you do not use it for you own writing purposes. In case you experience difficulties with writing a well structured and accurately composed paper on inventory costing options, we are here to assist you. Your cheap custom college paper on inventory costing options will be written from scratch, so you do not have to worry about its originality.

Order your authentic assignment from Live Paper Help and you will be amazed at how easy it is to complete a quality custom paper within the shortest time possible!



No comments:

Post a Comment