Inventory Valuation
Inventory Valuation
|
Name: |
[YOUR NAME] |
|---|---|
|
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 |
Additional Notes:
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Utilizes the Weighted Average Cost method, ensuring accurate reflection of inventory costs amidst market price variations.
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Provides essential data for informed decision-making in pricing, procurement, and sales strategies, highlighting potential areas for optimization.
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Ensures alignment with accounting standards, crucial for the integrity of financial reporting and compliance with regulatory requirements.
