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Inventory costing - Weighted Average, Perpetual 

Brandy Dudas
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Learn how to calculate inventory costs using the weighted average method in a perpetual system.
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13 сен 2024

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Комментарии : 80   
@Aesieda
@Aesieda 5 лет назад
I was stuck on this problem for 2 hours and I finally got it thanks to your video. Appreciate it greatly.
@Livlovs2laf
@Livlovs2laf 6 лет назад
You're the reason why I'm passing my exam
@rebeccaballard6412
@rebeccaballard6412 3 года назад
OMG I ONLY USE THESE VIDEOS TO UNDERSTAND UNIVERSITY LEVEL ONLINE ACCOUNTING THANK YOU SO MUCH
@cocogoat1111
@cocogoat1111 5 лет назад
THANKS SO MUCH! I have LIFO and FIFO pretty much down, but was confused how to get the middle number in weighted average. Got it now!
@tammysnook6541
@tammysnook6541 5 лет назад
Amazing tutorial! I have an exam today and was stressed on how to do this. I am now stress free!
@BrandyDudas
@BrandyDudas 5 лет назад
I hope you aced your exam!
@syedsameer4574
@syedsameer4574 4 года назад
me too....
@mohitkinger5601
@mohitkinger5601 5 лет назад
Thanks a lot for sharing for your experience, It was very clear and use full lecture.
@sugarcoder
@sugarcoder Год назад
This was a very helpful video! THANK YOU for making it and teaching!
@helenako8947
@helenako8947 5 лет назад
You’re an amazing teacher thank you for these videos !!
@keziahgracedupahnay8772
@keziahgracedupahnay8772 4 года назад
You made it so easy to understand! Pls pls make videos on other inventory methods (moving average and retail invty etc.) also :) Thank you so much!
@user-fz2df2gj4r
@user-fz2df2gj4r 3 дня назад
Just know you arestill saving exams after 8 years thank you
@jeongapril2814
@jeongapril2814 4 года назад
Thanks alots. Now I can settle my confusing
@AKGobby
@AKGobby 6 лет назад
Thanks so much you are helping me cram the whole lesson in 1 day before my final :D
@ultimateteacher
@ultimateteacher 4 года назад
how did u get $7120 after 27 jan purchase?
@theystolemycrabs6717
@theystolemycrabs6717 Год назад
I am kind of confused on where you got the 1,300 and 7,120 from the Jan 27 purchase because when I add all the units it gives me more than the number you wrote down maybe it’s because it’s so early in the morning but I really don’t know how you did it.
@nimomohamed9118
@nimomohamed9118 6 лет назад
Great tutorial lessons !I have fully grasped FIFO using perpetual system for one hour . Thanks Brandy ! Please will you help us to upload a video for calculating LIFO.
@waqasahmad6111
@waqasahmad6111 Год назад
Excellent done and precise lecture
@xboxgametime9931
@xboxgametime9931 3 года назад
otherwise nice short and straight forwad help. thanks so much and you have a beautiful voice
@gunayabyeva9901
@gunayabyeva9901 2 года назад
Thank you , i am from Azerbaijan. This is very helpful for me.
@BrandyDudas
@BrandyDudas 2 года назад
Hello from Canada 🇨🇦! Thank you so much for sharing where you are from - I love how the whole world can learn together 💛
@mariirobbani5850
@mariirobbani5850 2 года назад
thanks so much its easy , your explanation is very good
@mustafahussainmohsin320
@mustafahussainmohsin320 5 лет назад
Nicely Explained :) Keep up the good work :) Miss Brandy..
@brettfreitas3532
@brettfreitas3532 Год назад
You are a life saver! Thank you
@TheWaveism
@TheWaveism 7 лет назад
THANK YOU!!! THIS HELPED SO MUCH!!!!!!!
@Mamo_Kitty
@Mamo_Kitty 2 года назад
Wow you made it so easy 😊Thank you
@BrandyDudas
@BrandyDudas 2 года назад
You are so welcome. I’m sincerely happy it helped
@zhichen3759
@zhichen3759 5 лет назад
Explained very clear. Thanks.
@syntaxerror5781
@syntaxerror5781 5 лет назад
I love your videos. once you actually started in one item example I easily get it ..I love that you are straight to the point and very clear..
@chinyenling1994
@chinyenling1994 5 лет назад
Thank you so much... now I can understand so much better... Please do for LIFO method too
@fans2690
@fans2690 4 года назад
Thanks soooo much you are so helpful and your discussion is very easy! And make me feel comfortable
@BrandyDudas
@BrandyDudas 4 года назад
You are very welcome! I’m glad it helped 😃
@samkab677
@samkab677 6 лет назад
How to deal with sales return if any ?
@sherlock27
@sherlock27 4 года назад
Thank you! Stay safe !
@sherlock27
@sherlock27 4 года назад
Do you have any idea how to automate this process in the excel ?
@marsya7544
@marsya7544 5 лет назад
thank you so much you helped me a lot. my final exam is in a week i hope i can pass it :)
@aaronwesley930
@aaronwesley930 5 лет назад
Great explanation! Thank you so much!
@Mypawsupforgaga
@Mypawsupforgaga 7 лет назад
Thank you! Extremely helpful.
@ESJd
@ESJd 3 года назад
Thank you for this video
@lovergurl
@lovergurl 4 года назад
Mmmm I wish you would walk us through it. This is a bit confusing to try to make sense of all the numbers and what your doing at the same time that you are explaining. Detail out what figures represent what for example this column is the cost per unit, or total cost, etc. it all just becomes figures being thrown at me otherwise
@lichabamofokeng60
@lichabamofokeng60 5 лет назад
thanks this was very helpful...
@zidaneramadhan1742
@zidaneramadhan1742 4 года назад
wowwww amazing!
@carsonmorrissey9092
@carsonmorrissey9092 5 лет назад
so helpful thank you.
@cameliagauthier4073
@cameliagauthier4073 Год назад
How would you calculate the gross margin?
@akrooma
@akrooma 3 года назад
great great video.. what about returns??
@karnur6712
@karnur6712 3 года назад
hi! how do i find ending inventory? love your vids
@muskanmuntazir1021
@muskanmuntazir1021 2 года назад
Here, My concept is clear now
@BrandyDudas
@BrandyDudas 2 года назад
So happy it helped Muskan!
@chenpeiyunquesta_7465
@chenpeiyunquesta_7465 2 года назад
hellooo thankyou for this video! :) may i check with you how will the inventory be impacted if we include freight charges with the purchases? please help me as i am trying to complete my homework with your help hahha thankyouu once again!! :)
@elfitaku8682
@elfitaku8682 5 лет назад
Thank you so much
@xboxgametime9931
@xboxgametime9931 3 года назад
i see an addition error 4030+ 1600 +1800 = 7430 not 7120
@kaitlinrose1277
@kaitlinrose1277 4 года назад
is the cost of goods sold 7866 or 1350? or do i add them? i was unclear at the end and what was the ending inventory, thanks for such a great video
@BrandyDudas
@BrandyDudas 4 года назад
The cost of goods sold for the MONTH is $7866 (4,030 + 3,836).
@cresenta9366
@cresenta9366 4 года назад
This is using LIFO?
@autobaron1410
@autobaron1410 3 года назад
what happens to the cost per units if there is a purchase return?
@shanelietman2122
@shanelietman2122 6 лет назад
Thank you
@tyishayoung9953
@tyishayoung9953 7 лет назад
Inventory system is most important when making a product is purchase is made in sale.
@cristiancarrillo4950
@cristiancarrillo4950 8 лет назад
I love the videos! I had to pause a few times because you speak really fast. Other than that, thanks!
@BrandyDudas
@BrandyDudas 7 лет назад
Imagine having me as your teacher! That's why I have these videos for my students so they can pause and rewind :)
@Josiuh
@Josiuh 5 лет назад
Your comment was made 2 years ago, but for persons now seeing it you can modify the play speed of RU-vid videos by clicking the gear icon at the bottom right corner
@QuikScoper45
@QuikScoper45 3 года назад
What if the first entry was a sale instead of a purchase? Usually the beginning inventory and another purchase show up first and I know how to work that but what if a sale is the first thing recorded following beginning inventory?
@BrandyDudas
@BrandyDudas 3 года назад
If the first entry of the year is a sale then you don't have anything to average. You would use the cost per unit from the beginning inventory to calculate COGS :)
@kynnahpearlescabosa6696
@kynnahpearlescabosa6696 3 года назад
How about sales return???
@FoxyWoxy.
@FoxyWoxy. 4 года назад
Man idk... I’m looking for the continuous weighted avg method... can you make that? Plzz
@xocnavi1
@xocnavi1 5 лет назад
Thank you for doing this video! You are awesome and beautiful.
@MrTHEking03
@MrTHEking03 6 лет назад
what did you add up to get 1300 and 7120??
@maharshipatel1716
@maharshipatel1716 6 лет назад
Same question
@BrandyDudas
@BrandyDudas 6 лет назад
Can you tell me which part of the video you are looking at (the time stamp) so I can have a look?
@nocphomokoena3112
@nocphomokoena3112 6 лет назад
4:31
@TheLaterPixel
@TheLaterPixel 5 лет назад
I know you posted this 5 months ago but I'm just here to say thank you!!
@isabelepalanga225
@isabelepalanga225 5 лет назад
it's: 1,300=1,250-650+400+300 and 7,120=7,750-4,030+1,600+1,800 :)
@hehe9617
@hehe9617 5 лет назад
Is this IFRS edition??
@emmanueldiala3300
@emmanueldiala3300 5 лет назад
G.O.A.T
@areezsadiki7928
@areezsadiki7928 7 лет назад
Is there another video on Lifo Perpetual?
@areezsadiki7928
@areezsadiki7928 6 лет назад
lol ok
@BrandyDudas
@BrandyDudas 6 лет назад
I don’t have any on LIFO because I’m in Canada and it’s not used up here. I can make one for my American friends in the future though :)
@zioofficialchannel773
@zioofficialchannel773 5 месяцев назад
600*5.48=3288
@sunubishwokarma1002
@sunubishwokarma1002 3 года назад
I like the video but too fast.
@wendyharvey8119
@wendyharvey8119 4 года назад
speak slower when explaining.
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