Homework Problems Solved: Inventory Costing Methods Periodic Inventory

In this video, we’ll review how to calculate Ending Inventory and Cost of Goods Sold using FIFO (First in, First out), LIFO (Last in, First out), and Average Cost (aka Weighted Average) inventory costing methods for Periodic inventory. See the image below for the examples covered in this video.

Video length in minutes: 13:48

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