INVENTORY VALUATION (FIFO & WEIGHTED AVERAGE) - PART 2

[@beatricekoomson208]

I watched you countless time, and for your teachings I passed my Financial Accounting Exams last semester. God grant you more strength

[@wambuikanyua5934]

Love from Kenya 🇰🇪 🇰🇪 🇰🇪 🇰🇪. You are such a great teacher, keep up the good work 👏 🙌

[@sylvesterown-jy3sz]

Thanks you very much for the simplicity and clarity on the topic. You are indeed a teacher.

[@abubakartilli4755]

Thank you soo much sir, i use to strongly refer my colleagues to your tutorials because it's always simple to understand From Nigeria🇳🇬

[@destinygloriatiti5698]

Sir thank you so much for your lesseons they have saved me alot. God bless you much love from Zambia 🇿🇲

[@belindalembani]

sir I dnt know hw can I thank you . I understand your teachings soo much. May God bless you and add you more and more years to come . continue doing this God is there for u . no one can teach like you sir you deserve a pricee

[@lindachipwanya]

Amazing tutor .l missed one of my lessons for FIFO and l struggled to catch up until l watched your tutorials Thankyou so much watching from Zimbabwe

[@annwangari951]

From 🇰🇪 loving the presentation..keep it up FOG🎉

[@MercyAdhiambo-pi1oy]

Amazing teacher watching from Kenya. 👏 👏 👏.

[@florakennedy6838]

nice presentation ,your teaching made me to love financial accounting

[@AzoboAtipogbireAugustina]

Sir thank you for a great job 😊

[@davidmusonza7294]

Lots of love from Zimbabwe 🇿🇼. God bless you!

[@wangiroces7890]

Hello Mr Felix, am Alex from Kenya.I like your way of explaining things are clear.Please solve a question where you encounter Carriage Inwards, sales returns & purchases returns. Thanks in advance

[@trevorpapii5034]

Thank you so much sir. With love from 🇺🇬

[@walterodung256]

I love the presentation, the sky has never been the limit

[@CharlesNalumango-le9hq]

Loving your tutorial, great presentation. Love from zambia....

[@Rainbowomanapparel]

This is the most helpful video I have found on KZbin Thank you so much sir 🙏🙏🙏🙏

[@MokalaColumbusAyong-gw1cr]

Thank you very much Sir - I am bless even as a teacher .you will always be my teacher!

[@kevinnyamwaya4551]

🇰🇪🇰🇪🇰🇪 The best in Africa!

[@Roys_empire]

You are incredibly good sir. I wish I knew you before now 😊. Thank you for all you do

[@musasizicharles3119]

Wow, God gifted you. I understand your tutorials

[@FAITHSIMUTONGA-tz9xr]

Thanks so much for the powerful lessons Sir 🙏🙏🙏🙏. There's a mistake at 18 th Oct 500 at 5 u said 2000 instead of 2500

[@husseinidd5751]

From Tanzania,much respect Sir.

[@manuelchisokwe3506]

I am really being helped with this channel... keep it up the good work and God bless you.

[@rebekamchunguzi218]

You are my best teacher keep it up

[@oluchi3973]

Thank you so much sir.. your videos has helped me a lot.

[@JaafaruBabasoro]

Ma sha Allah may Allah grant more knowledge

[@TheDaudi100]

Excellent tutorial! always hands on in every topic.

[@sheilaegot]

Love your teaching thanks for the knowledge

[@manuelchisokwe3506]

Receive love from Malawi... great work

[@JohnSuleiman-w7g]

Seriously ur lecture give me Joy sir ❤

[@malwandlankuna4471]

Thank you so much sir u just save my semester God bless you

[@jamesvalentineotokpa5098]

Great presentation. Straught to the point a deasy to comprehend. Keeo it up Sir.

[@AyibatonyeIsrael]

Sir, thank you for your tutorials it's really helping me out with my studies. The only problem I have is that works on the board is not clear enough so if you can do something about it. Thanks for your time.

[@lukmonlawal2732]

Nice Presentation.. Thank you so much.. Sir, A Video on Labour Costing will be genuinely appreciated

[@atolomartha2117]

Am appreciating these concepts better here, thanks Sir for your efforts 🙏

[@TahirihSmith-Adams]

Awesome. You are the best!!! Thank you

[@cianaaluel3118]

Hello sir, please how do I thank you? You saved my semester for both statistics and intermediate accounting last semester. I'll always be your student. Thanks for sharing your knowledge. It's really helping a lot of people 👏❤️❤️

[@amakajessica8335]

thank you very much sir for this excellent tutorial👍👍

[@stephanieanavberokhai1444]

Thank you so much sir. Please sir, a characteristic of FIFO is that in periods of rising prices, profit is overstated. What does it mean?

[@SangoGaga]

Hello sir, I would really appreciate it if you can do the inventory including perpetual and periodic systems. Also, please can you explain the difference between the cost of sales and inventory accounts using the periodic and perpetual systems. All in that your videos are very much helpful, and they really made me understand a lot in Financial Accounting.

[@nnennabelinda9963]

You are a great teacher. Thank you so much, sir

[@mohamedaliesesay7413]

Good day sir thanks very much sir for your effort yes sir we are still waiting for Absorption and Marginal costing part 3 please help us with that please sir

[@EvanceOdhiambo-i3o]

keep up with the good work sir,recieve love from Kenya.

[@TahirihSmith-Adams]

You are awesome. Such a vivid explanation. Thank you so much!

[@AnsumanaMarenah]

Thank you Sir! We can't pay you for your good job

[@MayahnRains]

Brilliant 👏

[@berniceosei7810]

Sir, thanks for your good work.🙏 please what if there is a return of goods how do we treat that?

[@briannaosei-manu22]

Good day Sir, please I am patiently waiting for part 2 of Departmental accounting

[@joeltumba8585]

God bless u sir appreciate it so much

[@EdwardMuyenga-ko2hb]

Wow this is really great and it has help me alot

[@FatimaBarrie-md4tm]

Well understood Thanks very much

[@samuelallotey2549]

God bless you for helping us. bravo...

[@ebiyeibri3805]

Love from Nigeria You dey save life ❤️❤️❤️❤️

[@miattaaruna7363]

Thank you soo much sir we appreciate you alot

[@winslauschitechi983]

Love from kenya thanks mwalimu

[@odefavictor7819]

Nice tutor.

[@nurlatifahmohdnor8939]

1119 (GCE-O) - 5C 3756 (LCCI) - 2

[@vivianmulenga9775]

Sir you are the best 👌 🎉

[@mutambopeter6711]

Very amazing sir

[@jamilah.nabukeera8795]

Thanks so much sir..good lecturer 😊

[@frednzili568]

Always best among the best

[@roseawuor7675]

Hello part three please,income statement using fifo,lifo and weighted average

[@mariapetrus-xp4mr]

Good day sir how will we go about a quesion were carriage inward is involved???

[@Master_Mind-d6k]

Please Sir, you haven't released Simple Average yet? Fully understand how to go by the FIFO and the Weighted Average Methods now. Continue with your good works! God bless you relentlessly.

[@mumbodegal8334]

Am grateful😁

[@RickyRenzel-fg1ip]

I think there's a mistake sir. When we issue out 1500. From the fifo method we have to issue out the first 800 @ 4 unit. Then the balance will come from the 1200 @5 unit... So since we have nothing left from 800 @ 4 unit so why are you still using the unit price @ to multiple the remaining balance from the 500... I think it should have been 500x5 = 2500... But you're still multiplying it by 4.. Please look this sir thanks

[@kaluchisom316]

I don't know why the question is blur sometimes It's disturbing 😩

[@RosinaKnight]

You are the best

[@thabanishumbamuteketa6930]

Nyc sir keep it up

[@vkook-hyunlix-love143]

Please can you do more example under this and please do payroll for me...thank you very much God bless you

[@idorenyinambrose1762]

LIFO and standard price method?

[@Olufunshoomotola]

Kudos.

[@Koromaferemusulillian09]

Please sir, treat the topic Limiting factor in cost Accounting

[@oyetundebello1436]

Pls can you make content on labour costing and LIFO

[@mubitalubinda6781]

excellent

[@nmgnative359]

Pls i want tutorial on LiFo

[@Upscalefinancelimited]

Thanks sir from Uganda. Am requesting to be tagged on LIFO method

[@salomenanjala9150]

Thank you teacher

[@mutambopeter6711]

But my question is how do we go about fifo or lifo if the unit price is not given?.... Do we divide value by quantity or what?

[@nanziribridget-q9d]

sir what happens to the shortage of 200 units when we add purchases?

[@eberenwokeji]

Please sir is there a faster method in solving this for cases of CBT exams

[@Linda-uz6pu]

What if you are given like a unit of sale but you are not given the cost price on which sales where sold how will you go about that

[@GideonAgyabengSarfo]

What if the question under additional information is surplus of inventory

[@melindachetse7946]

Thankyou Godbless

[@ex-jawsal1474]

Pls When U have a question where the Price Unit is not given but the Value is given how do u get the price and how do you solve it

[@michaelsarpongnyamah8430]

Sir please what if you are not given rate on the sales side how do you find the sales sir ?

[@shephafun9320]

You will be given rate. If not you’ll be given the total sales amount/revenue then you divide by the qty to get the rate

[@ebiyeibri3805]

Please sir do Royalty acount , Branch account and joint venture memondarum account sir

[@devyneadhiambo4977]

Thanks 👍

[@KelvinMuia-re3ku]

Would you advice someone to finish his accounting degree or quit campus and try hustling

[@felisterabed7436]

Thanks sir

[@rebeccayankey5886]

Please if they didn't give us the sale price, how do we calculate for profit?

[@jamesfallah7741]

hello sir please increase the graphic for us

[@halimasuleiman1173]

can you please treat this output base method calculations in Ican MI or tag me to a video you know that can help i just found your page thank you so much for this

[@EUNICEJARAVANI-ns9rz]

Thank u

[@omuratyson3576]

Sir I have a question,,what of it the ending inventory was not a shortage e.g 200 units for the case above and it was on 31/10/2001,how can we handle this kindly

[@vikingsinstrumentals9966]

You use the balance at Oct28..that is 800@8=6400

[@mightymuteketa5349]

Nyc

[@samuelelowisesandy1781]

I love your way of delivery sir...but can I have your WhatsApp number please

[@checlovisneba5564]

👏👏👏

[@dorothyds1057]

Hello sir please can you please treat accounting for labour for us please

[@someviunity1060]

Good evening sir. Please I am still patiently waiting on the intra company group transactions. I will more than glad if you can assist us on that please

[@FOGAccountancyTutorials]

I’ll upload that soon please… I’m just trying to serve other peoples requests as well.🥰

[@dorothyds1057]

@@FOGAccountancyTutorials sir please can you please treat accounting for labour for us (overtime)

[@pascalineagbenyegah7845]

Your watsap is not working