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Define average cost.

Define average cost.

Description

School: University of St. Thomas (Texas)
Department: OTHER
Course: Financial Statement Analysis
Professor: Vinta r
Term: Fall 2017
Tags: financial accounting
Cost: 25
Name: ACCT 5336, Chapter 6 Notes
Description: Chapter 6: Operating Expenses, Inventory Valuation, and Accounts Payable NOTES focuses on the following:  How inventory is measured using FIFO, LIFO, and the weighted-average cost method and how the resulting COGS is matched with revenue.  Lower-Of-Cost-Or-Market (LCM)  The LIFO reserve
Uploaded: 10/24/2017
12 Pages 40 Views 1 Unlocks
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