Inventory and IAS 16 Valuation of Inventory – Example 5

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  1. Avatar of awain awain says:
    May 3, 2013 at 3:53 pm

    Thanks Opentuition, Am very, very grateful, you have helped me a great deal

  2. Avatar of npaddy npaddy says:
    December 2, 2012 at 6:19 pm

    hullos, cant connect… always getting this nagging message: server not found!!!!

  3. Avatar of coolgirl1984 coolgirl1984 says:
    November 27, 2012 at 4:10 pm

    5 Dollars for a pen? You need to change a supplier man…

  4. Avatar of kamibangash kamibangash says:
    October 19, 2012 at 7:35 pm

    wow amazing and interesting lecture…… everything has explained very keen and clearly….thnxxxxxx

  5. Avatar of ymusmani ymusmani says:
    September 2, 2012 at 11:41 am

    HI! I have an exam tomorow so pleasee help me quick!
    Test Q2: why does the answer include administrative overheads??
    Shouldn’t only production costs be included? and here there is only carriage inwards and no other….though I am confused about whether we could include factory plant depreciation…
    what is meant by general administrative overheads?
    Please Help!

  6. Avatar of farhadsallihi farhadsallihi says:
    July 11, 2012 at 10:39 am

    Amazing…. very usefull

  7. Avatar of rahabmwangi rahabmwangi says:
    June 17, 2012 at 10:56 pm

    a very gud lecture keep up the good work

  8. Avatar of sylwiin sylwiin says:
    May 15, 2012 at 5:42 pm

    Hello, I have a similar exercise in Kaplan Exam Kit(exercise 26/page 8):
    A. buys and sells inventory during the month of August as follow:
    Opening inventory-100 units 2.52/unit
    4 August -sales 20 units
    8 August-purchases 140 units 2.56/unit
    10 August-sales 90 units
    18 august Purchases 200 units 2.78/unit
    20 August Sales 180 units
    The AVCO is calculatedas follows:
    100 units*2.52=252
    140units*2.56=358
    200 units*2.78=556
    average cost per unit(252+358+556)/440=2.65
    Closing inventory 150*2.65=397.5
    The question is if I follow the Kaplan’s way and do the exercise which we have in a lecture the result is completly different.I’m confused and do not know what is correct

  9. Avatar of mariazhadan mariazhadan says:
    April 12, 2012 at 10:11 pm

    Good evening! Could you explain me one thing? I’m confused very much!
    Why in FIFO approach do we take not oldest units (300* 12 and 200*12,50), but latest (400*15 and 100*14)?
    It’s not the “first-in” units, but last!

    I’m waiting for your reply!

  10. Avatar of onican onican says:
    December 5, 2011 at 2:08 am

    Thank you much……

  11. Avatar of monik monik says:
    November 15, 2011 at 12:27 pm

    exellent…lot better explained then in the class

  12. Avatar of zakir117 zakir117 says:
    October 25, 2011 at 6:51 pm

    too good

  13. Avatar of DA CEILSO DA CEILSO says:
    October 25, 2011 at 12:23 am

    hi this is wonderful the lecture is perfect please keep it up open tuition job well done

  14. Avatar of estar estar says:
    October 24, 2011 at 5:46 pm

    tanks sooooo much

  15. Avatar of imogomotsi imogomotsi says:
    October 19, 2011 at 1:11 pm

    THANK U FOR THAT

  16. Avatar of denzyboo denzyboo says:
    October 6, 2011 at 4:38 am

    GREAT

  17. Avatar of mursaleen mursaleen says:
    October 2, 2011 at 9:28 am

    nyc……………well explained

  18. Avatar of s777 s777 says:
    April 19, 2011 at 9:53 am

    thanks and good explaination . keep it up opentuition people.

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