What is inventory cost?

beginning inventory of 1500 units costing $21. purchases are as follows: may 9: 2000 units @ 22 may 17: 3500 units @ 23 may 26: 1000 units @ 24 a physical count on may 31 shows 2, 100 units. using lifo, what is the ending inventory? usinf fifo, what...

Designer Rags makes evening dresses. The following information was gathered from the company records for 2010, the first year of company operations. Work in Process Inventory at the end of 2010 was $31,500. Direct material purchased on account 1,110...

What would be the cost minus the infrastructure required for a facility measuring 280,000 square feet?  What would the infrastructure cost be?

Please also keep in mind the reason for my query is the following: I am working on a commission GP split with my company and they are telling me that I have to allocate a COST to any sales on the written off stock (therefore decreasing my income). I...

Carlson Auto Dealers Inc. sells a handmade automobile as its only product. Each automobile is identical; however, they can be distinguished by their unique ID number. At the beginning of 2011, Carlson had three cars in inventory, as follows: Car ID ...

Accounting questions. Help with average inventory cost method. I am a little confused on a few of my questions for a quiz. I have the LIFO and FIFO down now...but not so much when it comes to average inventory cost method. Here are my questions if you...

how to find the inventory turnover at retail and inventory turnover at cost for this..? net sales 175,600 beginning inventory at retail 214,700 ending inventory at retail 202,400 cost of goods sold 101,900 beginning inventory (at cost) 122,800 ending...

Using FIFO/LIFO/Weighted Average to find ending inventory/cost of goods? How would you go about finding ending inventory cost and cost of goods from information below one for weighted average/fifo/lifo. Beginning Inventory 200 Unit Cost $10 Purchases...