3: How Does a Company Gather Information about Its Inventory? Last updated Save as PDF Page ID51311 3.1: Determining and Reporting the Cost of Inventory3.2: Perpetual and Periodic Inventory Systems3.3: The Calculation of Cost of Goods Sold3.4: Determining Inventory on Hand3.5: The Necessity of Adopting a Cost Flow Assumption3.6: The Selection of a Cost Flow Assumption for Reporting Purposes3.7: Applying Cost Flow Assumptions to Determine Reported Inventory Balances3.8: Reporting Inventory at the Lower-of-Cost-or-Market3.9: End-of-Chapter Exercises
