Topics:
- Terms and concepts
- Cost outflow decisions
- First-In-First-Out (FIFO) cost method
- Last-In-First-Out (LIFO) cost method
- Average cost method
- LIFO reserves
- LIFO layers
- Consequences of cost methods
- Cost of sales and inventories
- Ratios
- Company disclosures
- Caterpillar
- CNH Global
- Take-aways
Express Video: [20 min]
Formatted for most devices Slow-speed Internet connection
iPod/iPhone iPad/Android tablet Android phone/MP4 players
Additional Materials:
Video slides [pdf]