【英文版会计学课件】MerchandiseInventoriesandCostofSales-大学课件.pptxVIP

Lesson 7Merchandise Inventories and Costof SalesTask Team ofFUNDAMENTAL ACCOUNTINGSchool of Business, Sun Yat-sen University1 OutlineFlow of inventory costItems and costs of merchandising inventory Assigning costs to inventoryLower of cost or marketErrors in measuring inventory Inventory estimating method2Task Team of FUNDAMENTAL ACCOUNTING, Business School, Introduction3Task Team of FUNDAMENTAL ACCOUNTING, Business School,While sales and purchases are the focus of operations, inventory is no less important. Inventory costing and evaluation methods can substantially influence the bottom line.