INVENTORY METHODS

INVENTORY METHOD LAST IN FIRT OUT (LIFO)

inventory control

DATE UNITS PURCHASED UNITS SOLD BALANCE

Quanti Quanti Quanti
Unit cost Total cost Unit cost Total cost Unit cost Total cost
ty ty ty
01-03- Opening
00 8,000 1,000 8,000,000 Inventory

05-03- 13,200,00 21,200,00

00 12,000 1,100 0 20,000 0

08-03- 13,200,00
00 - 12,000 1,100 0 8,000 8,000,000

2,000 1,000 2,000,000 6,000 6,000,000

12-03- 11,700,00 17,700,00

00 13,000 900 0 - 19,000 0

18-03- 11,700,00
00 - 13,000 900 0 6,000 6,000,000

1,000 1,000 1,000,000 5,000 5,000,000

23-03- 14,600,00
00 8,000 1,200 9,600,000 - 13,000 0

26-03- 23,700,00
00 7,000 1,300 9,100,000 - 20,000 0

29-03- 14,600,00
00 - 7,000 1,300 9,100,000 13,000 0

7,000 1,200 8,400,000 6,000 6,200,000

1,000 1,200 1,200,000 5,000 5,000,000

Closing
1,000 1,000 1,000,000 4,000 4,000,000 Inventory

37,000,00
43,600,000 44,000 0
 INVENTORY METHOD FIRST IN FIRST OUT (FIFO)

inventory control

DATE UNITS PURCHASED UNITS SOLD BALANCE

Quanti Quanti Quanti
Unit cost Total cost Unit cost Total cost Unit cost Total cost
ty ty ty

01-03- 8,000,00 Opening

00 8,000 1,000 0 Inventory

05-03- 13,200,00 21,200,00

00 12,000 1,100 0 20,000 0

08-03- 13,200,00
00 - 8,000 1,000 8,000,000 12,000 0

6,000 1,100 6,600,000 6,000 6,600,000

12-03- 11,700,00 18,300,00

00 13,000 900 0 - 19,000 0

18-03- 11,700,00
00 - 6,000 1,100 6,600,000 13,000 0

8,000 900 7,200,000 5,000 4,500,000

23-03- 14,100,00
00 8,000 1,200 9,600,000 - 13,000 0

26-03- 23,200,00
00 7,000 1,300 9,100,000 - 20,000 0

29-03- 18,700,00
00 - 5,000 900 4,500,000 15,000 0

8,000 1,200 9,600,000 7,000 9,100,000

5,200,00 Closing
3,000 1,300 3,900,000 4,000 0 Inventory

32,900,00
43,600,000 44,000 0
 Weighted average cost

inventory control

DATE UNITS PURCHASED UNITS SOLD BALANCE

Quanti Total Total Quanti Total
Unit cost Quantity Unit cost Unit cost
ty cost cost ty cost

01-03- 8,000,00 Opening

00 8,000 1,000 0 Inventory

05-03- 13,200,0 21,200,0

00 12,000 1,100 00 20,000 1,060.00 00

08-03- 14,840,0 6,360,00

00 - 14,000 1,060 00 6,000 1,060.00 0

12-03- 11,700,0 18,060,0

00 13,000 900 00 - 19,000 950.53 00

18-03- 13,307,3 4,752,63

00 - 14,000 951 68 5,000 950.53 2

23-03- 9,600,00 14,352,6

00 8,000 1,200 0 - 13,000 1,104.05 32

26-03- 9,100,00 23,452,6

00 7,000 1,300 0 - 20,000 1,172.63 32

29-03- 18,762,1 4,690,52 Closing

00 - 16,000 1,173 05 4,000 1,172.63 6 Inventory

46,909,4
Totales 44,000 74