Question

what is inventory ? how to valued it​

Answer 1

Answer:

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Compute average inventory. Simply add the beginning and ending inventory values and divide by 2. If beginning inventory equals $150,000 and ending inventory equals $155,000, you have $150,000 plus $155,000 divided by 2, or $152,500. Calculate inventory turnover by dividing COGS by the average value of your inventory.

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Answer 2

Explanation:

Inventory valuation is the cost associated with an entity's inventory at the end of a reporting period. .

The inventory valuation is based on the costs incurred by the entity to acquire the inventory, convert it into a condition that makes it ready for sale, and have it transported into the proper place for sale.