#5 FIFO- Material Cost | TYBCOM Sem 5 Cost Accounting (Part 1)
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#5 FIFO- Material Cost |
#5 FIFO- Material Cost | TYBCOM Sem 5 Cost Accounting (Part 1)
Under FIFO method the earliest lot of materials or goods purchased or goods manufactured are exhausted first and closing stock is out of the latest consignments received or goods manufactured and is valued at the cost of such goods. In other words: cost of goods sold is calculated keeping in view the earliest lots exhausted on the presumption that units are sold in which they were acquired.
In this video, you can learn the concepts of Economic Order Quantity with solved examples from different exams.
Subject: Cost Accounting
Chapter 2: Material Cost
1) EOQ 1: • #2 Economic Order Quantity EOQ - Mate...
2) EOQ 2: • #3 Economic Order Quantity (EOQ) - Ma...
3) EOQ 3: • #4 Economic Order Quantity (EOQ) - Ma...
4) FIFO 1: • #5 FIFO- Material Cost | TYBCOM Sem 5...
5) FIFO 2: • #6 FIFO - Material Cost | TYBCOM SEM ...
6) Weighted Average: • #7 Weighted Average Method - Material...
7) ABC Analysis: • #8 ABC Analysis - Material Cost | Cos...
8) Stock Levels: • #9 Stock Levels - Material Cost (Reor...
9) Inventory Turnover Ratio: • #10 Inventory Turnover Ratio | Materi...
This video series is useful for all students who want to learn costing from a basic level.
Please watch this video until the end to understand the concept.
BCOM Lecture Series (Playlist)
• TYBCOM Sem 5 Mumbai University | Onli...
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Video Presented by :
Prof. Tauseef Khan
(M.Com, MBA, UGC - NET)
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7 روز پیش
در تاریخ 1403/07/11 منتشر شده
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