In this video, learn how to use the First In First Out (FIFO) costing method through the Manufacturing Application.
0:00 – Introduction
1:13 – Check Components in Stock
2:48 – MO for Table 1
4:08 – MO for Table 2
6:56 – Sell Table 1
8:09 – Inventory Valuation (FIFO)
9:13 – Check Product Cost
9:35 – Conclusion
Other lessons related to this video:
Costing Overview:
Costing: AVCO:
Costing: Standard Price:
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