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Perpetual Inventory Valuation Method: FIFO

This video walks through the calculations of the FIFO (First In First Out) Inventory Valuation Method. This inventory cost assumption implies that the first inventory purchased by the store and placed on the shelves will be the first sold. 

Keyword:
cost assumptions
Disciplines:
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More about this material

Material Type:
Reference Material
Date Added to MERLOT:
January 14, 2017
Date Modified in MERLOT:
July 10, 2019
Author:
 
Submitter:
Julie Bonner
Primary Audience:
College Upper Division
Technical Format:
Video
Mobile Compatibility:
Not specified at this time
Language:
English
Cost Involved:
No
Source Code Available:
Unknown
Creative Commons:
No

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