INVENTORY

VALUATION
 Inventory Classification
 Finished goods held for sale in the
ordinary course of business.

 2. Goods held or consumed in the

production of finished goods.
 Criteria for selecting a pricing method

 Nature of business and type of production

 Range of price fluctuations

 The accuracy with which issues can be

computed
 Method in inventory valuation

 FIFO
 LIFO
 Weighted Average Method
 PREPARED BY
 Lokesh Shetty
 Chaitanya Gadkari