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Q: What are methods of calculating the value of inventory?
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What are the methods of calculating GDP?

expenditure approach and income approach & VALUE ADDED METHOD


The two most widely used methods for determining the cost of inventory are?

Cost or Net Realisable Value, which ever is lower. Net realisable value can also include the cost of repairing damaged inventory to get it to a sellable condition.


What are the methods of inventory management?

Methods of Inventory Management include cycle counting, reviewing stock and incorporating ABC Analysis. By utilizing all of these methods will help keep inventory accurate and profitable.


Different methods of inventory in purchasing?

FIFO and weightage average method are the generally used methods in inventory calculations.


What is share valuation?

Share valuation is the process of defining in rational way how much the security is Worthy calculating the monetary value of the security. There are various methods of calculating security value but present value method is the proper and best ways of calculating security valuation. Because it recognize the time value of money one thousand shillings received today is worth more than one thousand received tomorrow. S.Nkanto


When calculating prime cost do you use beginning inventory or ending inventory of direct materials?

Total material consumed amount is used for prime cost not opening inventory or ending inventory only.


Inventory costing methods place primary emphasis on assumptions about?

Inventory costing methods place primary emphasis on assumptions about flow of costs.


Methods of calculating national income?

There are three methods in calculating the national income. One is the net output method. Another is the income method, and lastly, the outlay method.


What inventory cost methods is appropinate for a business who has inventorynunique what a relative small number of?

The inventory cost of a business inventory is poo


When calculating the inventory turnover at cost the first step is to calculate the?

Cost of goods sold


When calculating the inventory turnover at cost the first step is to calculate the ----?

Cost of goods sold


When calculating the inventory turnover at cost the first step is to calculate the -?

Cost of goods sold