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Q: How do you devalue unsellable inventory?
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How do you determine the value of Ending Inventory do you use the value the inventory was purchase at or the value of the inventory at the months end?

Hello - I use the value the inventory was purchased at. If you need to, then you can devalue the inventory by stating a write down on obsolete goods, or alternatively, product that you will have to take a discount on. Technically, you have a few options - LIFO (last in, first out), FIFO most common - First in, first out, and average - average is not GAAP in Canadian accounting, but is workable in the states. Hope this helps you!


Can you get another crown in fable 3?

No. The original crown is unsellable, so why would you need another?


Can you get rid of unsellable items on Webkinz?

yes i thin you can by trading (not sure). but the guide you can't get rid of.


What does devalue mean?

Devalue means to reduce the value.


What are the release dates for The Unsellables - 2008 Charm-free Unsellable Home Gets a Makeover and Becomes a Hot Property 3-2?

The Unsellables - 2008 Charm-free Unsellable Home Gets a Makeover and Becomes a Hot Property 3-2 was released on: USA: 9 October 2009


Retail inventory or cost inventory?

retail inventory retail inventory retail inventory


What is inventory overhang?

Inventory Overhang = Available inventory / Absorbed inventory


How would you put devalue in a sentence?

Because of the economic situation, the government decided to devalue their currency.


How do you calculate inventory turnover?

This is a very simple calculation. Days to Sell Inventory(or Days in Inventory) = Average Inventory / Annual Cost of Goods Sold /365 Average Inventory = (Beginning Inventory + Ending Inventory) / 2 To calculate this ratio for a quarter instead of a year use the following variation: Days to Sell Inventory (or Days in Inventory) = Average Inventory / "Quarterly" Cost of Goods Sold /"90" Average Inventory = (Beginning Inventory + Ending Inventory) / 2


A better way of saying you did inventory?

conducted inventory, performed inventory, reconciled inventory


What are the six types of inventions?

Cycle inventory - Average amount of inventory used to satisfy demand between shipments.Safety inventory - Inventory held in case demand exceeds expectations.Seasonal inventory - Inventory built up to counter predictable variability in demand.In-transit Inventory - Inventory in transit between origin and destination.Speculative Inventory - Inventory held for the reasons of speculation.Dead Inventory - Non-moving inventory.


What is the inventory turnover ratio?

Inventory Turnover Ratio = Cost of Goods Sold / Average Inventory and Average Inventory = ( Beginning Inventory + Ending Inventory ) / 2