Since May this year, more than half have been working to change today, this period has been doing Invoicing project. And has been to purchasing, sales, inventory, finance, cost deal. Some feel the current calculation of the most difficult to understand is the cost. The weighted average and weighted moving average of the two ways the company's products are used. I look at some of the information found in financial and accounting, calculate the cost really a lot of ways, so his side collect information, while learning, some of which will be merged together good things, the calculated cost way to do some summary. Specifically shown as follows, in order to illustrate one example.
Case 1 : A A Co., 2003 Nian 10 Yue A commodity purchase, sales related data and balances are as follows:
10 Yue 1 Month Start balances 600 Jian unit price of 50 Yuan
10 Yue 2 Ri purchased 600 Jian unit price of 60 Yuan
10 Yue 5 Ri sales 600 Jian
10 Yue 15 Ri purchased 1200 Jian unit price of 62.5 Yuan
10 Yue 16 on sales of 900 Jian
10 Yue 28 Ri purchased 300 Jian unit price of 70 Yuan
10 Yue 31 at the end of May balance of 1200 Jian
1. inventory valuation method of: weighted average method
Weighted average unit cost:
Unit Cost = 600 × 50 + 600 × 60 + 1200 × 70 × 300 + 62.5 = 60 yuan / piece
600＋600+1200+300
2. inventory valuation method of: moving weighted average method
10 dated 2 weighted average unit cost of the purchase date =
50 × 600 + 600 × 60 = 55 membered / piece
600+600
= 600 × 55 + 1200 × 62.5 = 60 yuan / piece
10 dated 16 issue date inventory cost = 900 × 60 = 54000 membered
= 900 × 60 + 300 × 70 = 62.5 yuan / piece
Ending Inventory inventory cost = 1200 × 62.5 = 75000 membered
3. The issue of inventories valuation methods: FIFO
Ending stocks inventory costs:
＝300×700＋900×62.5=77250
The current cost of inventories:
＝600×50＋600×60＋300×62.5=84750
4. inventory valuation method of: LIFO
Ending stocks of inventory costs:
＝600×50＋300×62.5+300×70＝69750
The current cost of inventories:
＝600×60＋900×62.5=92250
The inventory valuation method of: margin method
Margin = gross sales / net sales × 100%
Net sales = sales of goods - sales returns and allowances
Cost of sales = net sales - sales margin = net sales × ( l- margin)
Ending stocks inventory cost = beginning inventory costs + the current purchase cost - the cost of sales period
6. Inventories The valuation methods: retail method
Retail method refers to a method for calculating the percentage of the retail price with costs accounted ending inventory costs.
① the period beginning inventory and inventory at cost and retail price at the same time records, in order to calculate the total cost of inventory and the price of available for sale;
② only current sales record by selling price, minus the total price of the current sales price from the total inventory available for sale in the current period, calculate the total price of ending inventory;
③ calculating the percentage of the cost of inventory accounting for the retail price, i.e. cost rate, the formula is:
Rate Cost = (cost opening stock + current purchase cost) / (opening stock price + current purchase price) × 100 %
④ compute ending inventory cost, the formula is:
The total price of ending inventory × cost rate
⑤ calculate the current cost of sales, the formula is:
Beginning inventory costs + current period cost of purchases - ending inventory costs
Rating: mainly applicable to retail businesses, because these enterprises should label the retail price of goods, commodities and models, variety, styles, difficult to use other valuation methods.
Reproduced in: https: //www.cnblogs.com/kevinGao/archive/2012/12/15/2819712.html