FIFO Perpetual Inventory System Example

[@SazzBek_Fragrance]

Thank you so much
I was having hard time preparing an inventory system for my solo start-up. This video was a hidden treasure for me

[@katiewinters9980]

Thank you! I’m in an online class and the curriculum makes no sense to me, but actually hearing it explained is helping so much!

[@itsflawlessme2048]

i was having hard time understanding FIFO after watching your video i now know how to calculate FIFO. so thank you much.

[@cuddd19]

thank u for helping me during the final exam

[@RafaRT9]

This video helped me out so much, thank you 🙏🏼

[@loreleibriggs8794]

Good visuals you actually made it make sense. Thank you!

[@rainesilk9791]

Very Well explained. Thank you so much for the tutorial.

[@marieshyko3453]

Thanks so much am in Kenya and it has been so helpful.

[@gabrielleeguchi8221]

Thankyou for explaining it so easily

[@hilmanambashu2661]

Thank you so so much, it was a struggle, Atleast now I understand

[@evergarten1843]

saved my life thanks!

[@CallmeMyahihi]

Great!!! thank you so much

[@christinemambo1319]

Great explanation thanks so much

[@ልጅተስፋዬ]

Great work kristen keep up

[@DannyMeapa]

Can you find the gross profit from the table

[@professorkristenquinnsexam9941]

No because you don’t have the sales price and gross profit is sales price - cost of goods sold.

[@carljacques1253]

Is the excel sheet available?

[@josearellano8107]

Thank you so much !!

[@soumyavarma6924]

THANK YOU SO MUCH!!!

[@PokeOVO]

Thank you! I hate cengage so much

[@melvinafaulkner3664]

Thank you

[@zzzylee]

simple and direct!!

[@mikemccloskey141]

This is like using a pen and paper. Where's the Excel skill?

[@professorkristenquinnsexam9941]

The video isn’t meant to teach Excel skills it is there to walk you through how to use the FIFO cost flow assumption under the perpetual inventory method. I set up the template to make it easy for people to follow along with the example.