The Specific Identification Inventory Costing Method (Financial Accounting Series)

| October 13, 2012 | 0 Comments

In this financial accounting series I explain that we must calculate the cost of goods sold balance and the ending inventory balance using one of three methods. We’ll be performing inventory costing using the specific identification, FIFO (first in first out) and the average cost method under the perpetual and periodic inventory systems. Subscribe: ** Ninjanotes is privately owned and exclusive to Our products and services are not associated with any other “ninja” products or business tutorial/test prep material. ** Website: Follow us on Facebook Follow us on Twitter: We appreciate all of the support you guys have given us. Be apart of the mission to help us reach more students by subscribing, thumbs upping and adding the videos to your favorites!
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