In this video I explain FIFO, LIFO and average cost methods to value the stocks stored by a company, to estimate the cost of goods sold and to determine the commercial result (profit or loss) of the firm: kzitem.info/news/bejne/zoWDl4CnqquVoqg.
@kaitlynnval
6 жыл бұрын
THANK YOU! the way my professor explained this it went over my head! this was so clear!
@rkr894able
5 жыл бұрын
SAME! I hate my professor....like she always rush out everything and be like okay guys here's your homework!
@uzoakulawson1122
4 жыл бұрын
I wanna know how you came up with the units when you divide the quantity sold into two? example: when you divided the amount sold on august 15 to 35 and 35, how did you come up with the $16 and $12.50 units when the unit given was $25?
@rkr894able
5 жыл бұрын
THANK YOU! I HAD NO IDEA WHERE DIFFERENT #s CAME FROM UNTIL NOW! Im here at the Cafe doing my homework and watching this video lol. *SUBSCRIBED*
@TAEHSAEN
10 жыл бұрын
This was BRILLIANT! You are a wonderful person for uploading this. Thank you! :)
@genesisrodrigues3461
4 жыл бұрын
where did the 20 come from? on feb 12 no. of units! so confused
@XxDiGGiExX
10 жыл бұрын
This was such an easy understanding... YOU ARE AMAZING THANK YOU
@kritikasinghs2011
13 жыл бұрын
Very helpful and easy to understand.Can you also tell me what to calculate the cost of good sold?
@caremav21
4 жыл бұрын
Thank you ! Can you do a LIFO Perpetual Inventory exercise?
@jimmypesto1113
9 жыл бұрын
Thank you very much, now I understand the format and method
@EmilyNewton
12 жыл бұрын
I couldn't find the mixed cost visual anywhere!!! Thank you!
@Fenty966
8 жыл бұрын
So what is goinb to be the cost of goods sold and inventory?!please answer
@muskanpreetkaur7694
4 жыл бұрын
Thankyou very much Monique......very helpful
@MargaretRosemary
11 жыл бұрын
Well explained & the added transcript is a bonus. Thank you kindly. Do you have the Simply Accounting Set Up Part 4 series somewhere. I cannot find it. The first 3 were awesome for a beginner..
@nurasahardid4641
4 жыл бұрын
Thanks sweety. lots of love.
@AyOChickO
13 жыл бұрын
omg you just showed me the better way to do the fifo lifo and weight average perpetual inventory method. (:
@moeinyoutub
13 жыл бұрын
I do reaallly reaallly appreciate it..... God bless you...
@betsyhurley6694
11 жыл бұрын
oh my sweet lord ty! why couldn't my teacher just explain it like this!
@olgacustodio3008
9 жыл бұрын
It really helped me, i was so lost in class
@davidgoh3951
9 жыл бұрын
i like her voice too much :D
@danielmorgan3590
4 жыл бұрын
Thank you i really learnt!!
@cookx84
9 жыл бұрын
4:00; Where did the 35 with 16 come from?????????????????
@pobiakc4
9 жыл бұрын
+cookx84 she purchases 100 at 16 and then sold 65 at 16, so the remaining balance is 35 at 16
@cookx84
9 жыл бұрын
+pobiakc4 hehheh, Thanks.
@qaisersaleem4947
7 жыл бұрын
this is an opening balance you roasted patatto
@wasifjan6653
5 жыл бұрын
She wants to sale 85 units. So she has stock 20, she will sale 20. Then 65 units she will sale from 100-65= 35 So 35 is stock in hand like this
@kraziiass
9 жыл бұрын
This is so bloody confusing, still don't fully get it.
@TheWaveism
7 жыл бұрын
THANK YOU!!!! IT ALL MAKES SENSE NOW!!!
@LayMamaHoMah
13 жыл бұрын
Thank you for posting this kind sir!
@TS-lg6en
9 жыл бұрын
Thanks a million!
@MrHarminder10
9 жыл бұрын
thx a lot, very easy to understand!!
@9712-h4z
7 жыл бұрын
OMG THANK YOU SO MUCH. IT HELPED ME SO MUCHH😭😭😭
@michael2014
4 жыл бұрын
Thank you!!
@skilled5491
8 жыл бұрын
Can you give us the worksheet please ?
@Mouna_beee
12 жыл бұрын
WOW THANK YOU SO MUCH OMG! now i understand how to do it!!!!!!
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