[PART 1] What Are the Basics of FIFO, LIFO, and Weighted Average Inventory Costing?
Part 1 of a 4 part series:
Part 1 (this video) • [PART 1] What Are the Basics of FIFO, LIFO...
Part 2: • [PART 2] How Do Periodic Methods and FIFO ...
Part 3: • [PART 3] How Do You Use LIFO with a Perpet...
Part 4: • [PART 4] How Do You Use the Weighted Avera...
In this video, we provide an overview of inventory costing and cover the constants you’ll need throughout the series:
Goods Available for Sale
Units Available for Sale
Units Sold
Units in Ending Inventory
Total Sales ($)
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