How To Calculate Basic Average Inventory Value Explained - Inventory Value At Cost And, (Vs) Retail
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How To Calculate Basic Average Inventory Value Explained - Inventory Value At Cost And, (Vs) Retail
In this video we discuss how to calculate or determine the basic average inventory value. We also cover the difference between inventory value at cost and at retail Transcript/notes The formula to calculate average inventory is the beginning inventory value plus the ending inventory value divided by 2. Beginning and ending inventories are over ...
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