#9 Stock Levels - Material Cost (Reorder, Minimum & Maximum Level) | TYBCOM SEM 5 Cost Accounting

(BCOM, BAF, BMS) Scholarszilla
(BCOM, BAF, BMS) Scholarszilla
15.1 هزار بار بازدید - 3 سال پیش - #9 Stock Levels - Material
#9 Stock Levels - Material Cost (Reorder, Minimum & Maximum Level) | TYBCOM SEM 5 Cost Accounting

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Stock level refers to the different levels of stock that are required for efficient and effective control of materials and to avoid over and under-stocking of materials. The purpose of materials control is to maintain the sock of raw materials as low as possible and at the same time they may be available as and when required. To avoid over and under-stocking, the storekeeper must fix the inventory level, which is also known as a demand and supply method of stock control. In a scientific system of inventory control, the following levels of materials are fixed.
1)Reorder Level
2)Minimum Level
3)Maximum Level
4)Average Level

Subject: Cost Accounting
Chapter: 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 till 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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3 سال پیش در تاریخ 1400/06/26 منتشر شده است.
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