Inventory Cards

FIFO in inventory terms stands for

• flipped in flipped out

• first in first out

• fast in fast out

WAC in inventory terms stands for

• weighted any cost

• wasted average cost

• weighted average cost

An inventory card will show

• Name

• Inventory number

• Location

• Measurement base

• All of the above

Using only the letters INVENTORY - what 5 letter word is a store of valuable or delightful things

Stock purchased by the business will appear in the following column of the inventory card

• in column

• out column

Stock sold by the business will appear in the following column of the inventory card

• in column

• out column

Purchase returns by the business will appear in the following column of the inventory card

• in column

• out column

Using only the letters INVENTORY - what 5 letter word is a short metal pin or bolt for holding together two plates of metal

Sales returns for the business will appear in the following column of the inventory card

• in column

• out column

Drawings of inventory by the business owner will appear in the following column of the inventory card

• in column

• out column