Inventory Value Calculator
Input Data
Note: FIFO uses the cost of the earliest purchased items. LIFO uses the most recent items cost, and Weighted Average calculates the cost based on the average of all units.
Results
Total Inventory Value
$2500.00
Interpretation
The inventory value is calculated based on the selected valuation method:
- FIFO (First In, First Out): Inventory is valued using the cost of the earliest items purchased.
- LIFO (Last In, First Out): Inventory is valued using the cost of the most recent items purchased.
- Weighted Average: Inventory is valued using the average cost of all units purchased.