Welcome

Group Name: Hall Boys

Name ID No.
Aameer Khasroo Shahansah 23068

Mohammed Abdullah 23065

Md. Zakir Hossen 23110

Group Name: Team
Md. Humayun Kabir 23175
Nexus
Zahidul Islam 23039

Shahadat

Md Hayder Ali
Inventory
Opening Inventory
Ending Inventory
 Inventories
of
Tannery Industries
Raw materials
Working process
Finished goods
Evaluation Systems
of
Inventories
Periodic system
Perpetual system
Cost Flow Assumption

FIFO
LIFO
Average-cost
Specification Identification
Additional Valuation
-LCNRV
-Retail Inventory Method
Industries to be discussed
Kohinoor Tanneries Ltd.
Apex Tannery Ltd.
Super Tannery Ltd.
Asian Tannery Ltd.
Fortune Shoes Ltd.
Kohinoor Tanneries Ltd.
Location: 130 Hazaribagh, Tannery area, Dhaka-1209

Hemayetpur, Savar

Manufacturer & Exporter

Started in 1996

A sister concern of Kohinoor Chemical Company Ltd.

 Inventory Evaluation
Inventory System
Perpetual Inventory System

Cost Flow Assumption

First in First out (FIFO)
Inventory Amount(In TK)
2015 2016

Opening Inventory 132,330,100 111,550,800

Ending Inventory 111,550,800 142,137,700

Cost of goods sold

Inventory turnover = Average Inventory
710,253,500
=
121,940,450

= 5.82 times
 Additional Valuation
LCNRV
Does not follow
Record at cost

Retail Inventory Method

Does not follow