1. MICROSOFT DYNAMICS NAV 2009COURSE 50225: INVENTORY COSTINGINSTRUCTOR NOTES 2. Last Revision: June 2009SpeedTeach cannot guarantee the accuracy of any information presented…
Slide 1 Record this! Slide 2 Question 1 The Chelsea Video sells of $9000 of merchandise on account FOB destination on May 4. A/R 9000 –Sales 9000 Slide 3 Question 2 $200…
Slide 1Chapter 8: Valuation of Inventories: A Cost Basis Approach Intermediate Accounting, 11th ed. Kieso, Weygandt, and Warfield Prepared by Jep Robertson and Renae Clark…
Slide 1 7-1 PowerPoint Authors: Susan Coomer Galbreath, Ph.D., CPA Charles W. Caldwell, D.B.A., CMA Jon A. Booker, Ph.D., CPA, CIA Cynthia J. Rooney, Ph.D., CPA Reporting…
Slide 1 Is the accounting for process costing significantly different from job order costing? 1.Yes 2.No Slide 2 Is the basis for assigning costs in manufacturing the same…
Slide 1 Slide 2 Inventory Valuation Slide 3 Standards 0 BCS-PAI-4 d. Identify and explain the advantages and disadvantages of different types of accounting systems. 0 BCS-PAI-4…
Slide 1 1 Slide 2 2 Chapter 7: Merchandise Inventory Slide 3 3 Slide 4 4 Merchandise Inventory What is inventory? Items held for resale to customers Who has inventory? Wholesaler…
INVENTORY VALUATION CHAPTER 6 Perpetual vs. Periodic Perpetual Updates inventory and cost of goods sold after every purchase and sales transaction Periodic Delays updating…