SESSION XVI University of North Carolina at Chapel Hill届十六北卡罗来纳大学教堂山分校.pptVIP

INVENTORY Accounting ASW Summer 2007 Manufacturing Accounting Manufacturing accounting what if you make inventory rather than buying? how do we value inventory/CGS for a manufacturing firm? should include all costs of acquiring the product and making it ready for sale Overview of Manufacturing Firm Period costs - Selling, general and administrative, etc. Production costs Period Costs Examples - corporate headquarters - marketing, advertising - finance, interest - research and development Generate period costs charged to expense - just as in a merchandising firm