Name: | [YOUR NAME] |
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Company: | [YOUR COMPANY NAME] |
Date: | [DATE] |
This Inventory Valuation Report meticulously compiles the detailed costs and total values of our current inventory, essential for accurate financial analysis and strategic planning. It serves as a foundational tool for assessing the financial impact of inventory on our cost of goods sold and overall financial health, aligning with regulatory compliance and strategic business objectives.
Item ID | Description | Quantity | Total Cost per Unit | Total Value |
---|---|---|---|---|
001 | High-grade Alloy Steel | 100 | $57 | $5,700 |
002 | Organic Cotton T-shirts, Blue | 200 | $34 | $6,800 |
003 | LED Energy Saving Bulb, 12W | 150 | $22.50 | $3,375 |
004 | Professional Kitchen Blender | 75 | $115 | $8,625 |
005 | Waterproof Smartwatch, Gen 2 | 50 | $60 | $3,000 |
006 | Vegan Leather Handbags, Medium | 120 | $25 | $3,000 |
007 | Maple Wood Skateboards | 80 | $45 | $3,600 |
008 | Stainless Steel Water Bottle, 1L | 90 | $30 | $2,700 |
009 | Compact Wireless Earbuds | 60 | $40 | $2,400 |
010 | Organic Green Tea Leaves, 500g | 70 | $55 | $3,850 |
Total | 995 | $43,350 |
Utilizes the Weighted Average Cost method, ensuring accurate reflection of inventory costs amidst market price variations.
Provides essential data for informed decision-making in pricing, procurement, and sales strategies, highlighting potential areas for optimization.
Ensures alignment with accounting standards, crucial for the integrity of financial reporting and compliance with regulatory requirements.
Templates
Templates