Topics:
- Cost of sales and inventories basics
- First-In-First-Out (FIFO) cost method
- Last-In-First-Out (LIFO) cost method
- Weighted average cost method
- Measurement
- Perpetual and periodic systems
- Entries
- LIFO liquidations and LIFO reserve reversals
- Inventory impairments
Express Video: [38 min]
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Additional Materials:
Video slides [pdf]