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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. 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

To distribute or set apart for a plan or purpose.

balance

/ˈbaləns/

noun verb

Money remaining after paying costs. put something in steady position.

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 someone in a particular type of situation.

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.. Allowing you to pass between, or to.

statement

/ˈstātmənt/

noun

Act or process of saying something formally.

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. require payment of.

appearing

/əˈpir/

verb

To seem to be.

available

/əˈvāləb(ə)l/

adjective

Able to be used at a scheduled time.

concepts

/ˈkänˌsept/

noun other

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

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