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8 - Basic Concepts of Inventory Costing Methods

66,550 views

Larry Walther

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (US)

Speech Time:

97%
  • 7:29 / 7:39

Speech Rate:

  • 183 wpm - Fast

Category:

  • Education

Tags :

Intro:

Video Vocabulary

average

/ˈav(ə)rij/

adjective noun verb

constituting result found by dividing total amount. number expressing the central or typical value in a set of data. To add numbers then divide by the number of items.

aggregation

/ˌaɡrəˈɡāSH(ə)n/

noun

Group of things described or viewed as one.

allocated

/ˈaləˌkāt/

verb

To distribute or set apart for a plan or purpose.

allocate

/ˈaləˌkāt/

verb

To distribute or set apart for a plan or purpose.

balance

/ˈbaləns/

noun verb

Money remaining after paying costs. To be steady by having equal weight on both sides.

weighted

/wāt/

adjective verb

With an added advantage or disadvantage. hold something down by placing heavy object on top of it.

placing

/plās/

verb

put in particular place.

through

/THro͞o/

adjective adverb preposition

From one end or side of something to the other. expressing movement into one side and out of other side of opening etc.. Over, in, across an entire thing or place.

statement

/ˈstātmənt/

noun

definite or clear expression of something in speech.

necessarily

/ˌnesəˈserəlē/

adverb

In a way that is needed/required/is unavoidable.

necessary

/ˈnesəˌserē/

adjective noun

Needed or required; unavoidable. basic requirements of life.

costing

/kôst/

noun verb

Calculations about how much to pay. require payment of.

appearing

/əˈpir/

verb

become visible or noticeable.

available

/əˈvāləb(ə)l/

adjective

able to be used or obtained.

concepts

/ˈkänˌsept/

noun other

abstract idea. Abstract ideas of some things or how it works.

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