| Name: | Inventory and Cost of Goods Sold |
| ID: | m15780 |
| Language: | English (en) |
| 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. |
| Subject: | Business |
| Keywords: | accounting, average cost method, business math, cogs, college-cram, cost of goods sold, FIFO, inventory, inventory turnover ratio, inventory valuation, LIFO |
| Document Type: | -//CNX//DTD CNXML 0.5//EN |
| License: | Creative Commons Attribution License (CC-BY 2.0) |
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| Authors: | Rudy Lopes (rudyl@college-cram.com) |
| Copyright Holders: | Rudy Lopes (rudyl@college-cram.com) |
| Maintainers: | Rudy Lopes (rudyl@college-cram.com) |
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| Version: | 1.2 (history) |
| Created: | Jan 25, 2008 10:41 am US/Central |
| Revised: | Mar 8, 2008 2:12 pm US/Central |
| Version: | 1.2 Mar 8, 2008 2:12 pm US/Central by Rudy Lopes |
| Changes: | added more resources |
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| Version: | 1.1 Jan 25, 2008 10:51 am US/Central by Rudy Lopes |
| Changes: | initial post |
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Lopes, R. Inventory and Cost of Goods Sold, Connexions Web site. http://cnx.org/content/m15780/1.2/, Mar 8, 2008.
Lopes R. Inventory and Cost of Goods Sold [Connexions Web site]. March 8, 2008. Available at: http://cnx.org/content/m15780/1.2/.
Lopes, R. (2008, March 8). Inventory and Cost of Goods Sold. Retrieved from the Connexions Web site: http://cnx.org/content/m15780/1.2/
Lopes, Rudy. "Inventory and Cost of Goods Sold." Connexions. March 8, 2008. http://cnx.org/content/m15780/1.2/.
Rudy Lopes, "Inventory and Cost of Goods Sold," Connexions, March 8, 2008, http://cnx.org/content/m15780/1.2/.
Lopes, R. 2008. Inventory and Cost of Goods Sold. Connexions, March 8, 2008. http://cnx.org/content/m15780/1.2/.
Lopes, Rudy. Inventory and Cost of Goods Sold. Connexions. 8 Mar. 2008 <http://cnx.org/content/m15780/1.2/>.