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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

Typical or normal; usual; ordinary. Total of numbers divided by the number of items. 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

distribute resources or duties for particular purpose.

balance

/ˈbaləns/

noun verb

Instrument for weighing things. 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

To put something in a certain location or position.

through

/THro͞o/

adjective adverb preposition

From one end or side of something to the other. From the beginning of something until the end. moving in one side and out of other side of.

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

essential. basic requirements of life.

costing

/kôst/

noun verb

Calculations about how much to pay. To make someone suffer or lose something of value.

appearing

/əˈpir/

verb

To be seen, become visible; come into sight.

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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