Inventory costing - FIFO, Perpetual

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Learn how to calculate inventory cost under the first-in-first-out method in a perpetual system.

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you can explain better than my professor in university, thank u!!! :)

frankmalchus

This is so awesome ! I am on the verge of failing accounting this year and needed serious help with this and I found you. Now I have faith, thanks a lot. I understand this and will continue to watch your videos 💗

ChideraAgoha.

Thank you so much for this video, I was on the verge of crying because I didn't understand how to calculate the cost of goods sold under the perpetual inventory system and you're video made it very clear! Thank you!

naaowho

You explained this way better than my professor and any other video I've watched. Thank you so much!

bowman

Brandy, you're awesome. I took your financial accounting class in 2017 at Douglas. I'm preparing for CFA level 1 now, rewatching your clips helps me a lot!

iamtranttlinh

Thank you thank you!! I had an accounting final exam this morning and could not understand the concept before but after watching your video I grasped the concept in an hour before my exam and gave me an extra 10 marks on my exam!! You are awesome :)

samiravivette

Gosh thank you, I could not understand this for 2 whole days untill your video

litalin

As i approach my exams next week... im a varsity student.. i can really confess that i was blank minded when it comes to this section...but through all your videos i really gained a lots...thanks very much dear..i am happy now that i can solve all this problems

banelehlatshwayo

I never comment on anything but this was so helpful! My test is in a couple of hours and I feel much more confident now.

mandy-iqbk

There are a lot of very helpful videos out there. Yours is one of them and may be better because you show Debits and credits and very neat no mess.

ube-s

Excellent video. My first year of accounting, struggled a bit with this but it’s clear now, thank you. You just got yourself a new subscriber.

ke_tebza

I'm taking online accounting classes rn and this video made it easier for me to learn.
Its

marylacno

oh my days, tks u so much, u teach much better than my tutor at college <3

duyanhha

I have been trying to figure out how to do this all day. You explain it so well! Thank you so much!

kalysta.darling

I figured it After going over your work it actually helped! thanks a lot :)

romaniac

Hi, I would like to ask you what is the accounts receivable amount in your example? Thank you.

nataliiatymoshenko

The best video of accounting I have ever seen ❤

neelamsaleem

Hi! Can you answer a question I seem to be stumbling on? At the end of the month when you recalculate, does that mean that you average everything left together to get a new XX @ $X.XX number as the next starting inventory? I was under the impression that you only averaged everything together at the end of the year, am I way off base? Thank you for this video!

fizzfizzbang

Thank you SOOOO much I was stuck on this topic I could not figure it out you really helped my.

Catperez

OMG, I've been working on this question for hrs....thanks.

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