Sale of Inventory - Intermittent Weighted Average

Sale of Inventory - Intermittent Weighted Average

Assessment

Interactive Video

Business

University

Hard

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The video tutorial explains the weighted average method for inventory management, focusing on intermittent purchases and sales. It provides a detailed walkthrough of calculating cost of goods sold (COGS) and inventory using this method, with examples of multiple sales and purchases. The tutorial emphasizes understanding the process and offers tips for simplifying calculations. It concludes with a summary of key figures like total revenue, COGS, gross profit, and ending inventory.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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