ACC 201 at University of Kentucky

8. Specific Identification

in Topic 5 (Video 8 of 11)
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Of the inventory costing methods, specific identification is by far the easiest, and the least used.

The Rest Of The Videos

1 COGS and Inventory 2:57
2 Net Sales 10:03
3 Perpetual vs Periodic 7:10
4 FOB Shipping? 8:51
5 Transportation In 8:41
6 COGS 6:18
7 Drawbacks to Periodic 6:07
8 Specific Identification
You are here. 		2:17
9 Weighted Average 4:21
10 FIFO and LIFO 20:17
11 Estimating with Gross Profit 7:23
Topic 6 →

Topic 5 Practice Problems

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1 Consignment Inventory Easy
2 FOB Destination Easy
3 Inventory Set Aside Easy
4 Loss On Inventory Easy
5 FOB Shipping Moderate
6 FOB Shipping Moderate
7 Inventory Costing Moderate
8 The Effect of Inventory Errors Hard
← Topic 4

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