Inventory Valuation Methods – Finding the Right Method

Inventory-Valuation-Methods

 

For manufacturing companies, few things are as important in finance departments than inventory costing. The valuation given to a company’s inventory will have a direct impact on gross profit, taxation and on its income. It also defines a company’s taxation and it informs stakeholders such as stockholders, owners, and partners of the true value of the cost of goods sold is at a given time period.

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