PEPS, CUMP Stock Sheets | Corrected Application | Level: The Basics 🥉
🎇Links to access my book 🎇
https://tidd.ly/4cgXnmM
https://amzn.to/3VfBOgp
You'll find the essentials to understand the following chapters:
✔The balance sheet;
✔The functional balance sheet, the FRNG, WCR, TN and ratios as well as analysis;
✔The income statement;
✔MIS, ratios and analysis;
✔Dashboards;
✔Sales forecasts;
✔Inventory management and procurement budgets;
✔Cash budgets;
✔Accounting depreciation and loan amortization;
✔Capital projects, with calculation of FNT and NPV;
✔Full costs;
✔And the break-even point.
Plus: You'll find applications, and the corrections will be available on your favorite channel 😉
In this video, you can follow the corrections for creating inventory records using the 3 methods. The following will be used:
The FIFO (First In, First Out) method
The CUMP (Weighted Average Unit Cost) method after each entry
The CUMP (Weighted Average Unit Cost) method at the end of the period
These 3 methods allow you to manage inventory. This video on inventory records is at a basic level. You can use these methods within applications related to full costing.
To validate the concepts of inventory management, you can follow the following corrections:
Storage Costs | Corrected Application | Level: Mastery 🥈
• Les Coûts de Stockage | Application Corri...
Procurement Budgets | Corrected Application | Level: Expert 🥇
• Les Budgets d'approvisionnement | Applicat...