存货和销货成本培训课件.pptVIP

Take a minute to review this chart for Computers, Incorporated. This data will be used throughout the periodic inventory examples and to compare the results at the end. First, let’s look at the specific identification method. Remember that in this method, the specific cost of each unit in inventory is known. At the end of the period, inventory is counted and cost is determined. Computers, Incorporated, counted 1,200 mouse pads with a cost of $6,400. This is enough information to determine Cost of Goods Sold for the year. To calculate Cost of Goods Sold for the period, start with G