Skip to content Skip to navigation

Connexions

You are here: Home » Content » Inventory and Cost of Goods Sold

Navigation

Content Actions
  • Download module PDF
  • Add to ...
    Add the module to:
    • My Favorites
    • A lens
    • An external social bookmarking service
    • My Favorites (What is 'My Favorites'?)
      'My Favorites' is a special kind of lens which you can use to bookmark modules and collections directly in Connexions. 'My Favorites' can only be seen by you, and collections saved in 'My Favorites' can remember the last module you were on. You need a Connexions account to use 'My Favorites'.
    • A lens (What is a lens?)

      Definition of a lens

      Lenses

      A lens is a custom view of Connexions content. You can think of it as a fancy kind of list that will let you see Connexions through the eyes of organizations and people you trust.

      What is in a lens?

      Lens makers point to Connexions materials (modules and collections), creating a guide that includes their own comments and descriptive tags about the content.

      Who can create a lens?

      Any individual Connexions member, a community, or a respected organization.

    • External bookmarks
  • E-mail the author

Recently Viewed

Inventory and Cost of Goods Sold

Module by: Rudy Lopes

Summary: Inventory represents finished and unfinished goods which have not yet been sold by a company. Cost of Goods Sold is a measure of the direct cost involved in acquiring or producing goods that are, in turn, sold. Learn about the different methods of calculating inventory and costs of goods sold in these tutorials.

Cost of Goods Sold -- Average Cost Method -- Use this Formula Solver! Series program to learn how to calculate Cost of Goods Sold with the Average Cost Method, including concepts such as inventory and per unit cost.

Cost of Goods Sold FIFO Method -- Use this Formula Solver! Series program to learn how to calculate Cost of Goods Sold with the FIFO Method.

Cost of Goods Sold LIFO Method -- Use this Formula Solver! Series program to learn how to calculate Cost of Goods Sold with the LIFO Method.

Cost of Goods Sold Overview -- This Smartacus Study Sheet will help you to understand how to find cost-of-goods-sold and the value of inventory. Explore definitions and methods (including Average Cost Method, LIFO, and FIFO). It also prints for easy reference.

Inventory Value Average Cost Method -- Use this Formula Solver! Series program to learn how to calculate Inventory Value with the Average Cost Method.

Inventory Value FIFO Method -- Use this Formula Solver! Series program to learn how to calculate Inventory Value with the FIFO Method.

Inventory Value LIFO Method -- Use this Formula Solver! Series program to learn how to calculate Inventory Value with the LIFO Method.

Inventory Value Overview -- Use this Smartacus Study Sheet to understand how to find the value of inventory and cost-of-goods-sold. Explore definitions and methods (including Average Cost Method, LIFO, and FIFO). It also prints for easy reference.

Inventory Turnover Rate at Cost - Inventory turnover rate at cost is one way to judge the health of a company. This Formula Solver shows you the steps to finding it while using your values for cost of goods sold, beginning inventory at cost, and ending inventory at cost.

Inventory Turnover Rate at Retail - Inventory turnover rate at retail is one way to judge the health of a company. This Formula Solver shows you the steps to finding it while using your values for sales, beginning inventory at retail, and ending inventory at retail.

Comments, questions, feedback, criticisms?

Send feedback