What are the main aspects of inventory fees?

Enterprise inventory includes raw materials, inventory goods, products in progress, materials in transit, commissioned processing materials, turnover materials, material procurement, issued goods, etc. A business's expenses are incurred in the day-to-day activities of the business that result in ownership equity.

The total outflow of reduced economic benefits that are not related to the distribution of profits to the owners. Including selling expenses, administrative expenses.

Finance Expenses. Extended Materials.

Several costing methods are commonly used.

1) Moving average One of the valuation methods of inventory.

It is another inventory valuation method under the averaging method.

That is, the new average unit cost should be calculated according to the quantity of inventory and the total cost of the inventory every time the enterprise is put into storage, and the valuation method of receiving or issuing inventory should be determined with the new average unit cost. Unit Cost = Cost of Inventory Quantity of inventory.

2) Monthly average.

Weighted average method.

Also known as the weighted average method of the whole month, it refers to a method that calculates the weighted average unit cost of inventory by removing all the purchase costs of the month plus the inventory cost at the beginning of the month by removing all the purchase costs of the month plus the inventory cost at the beginning of the month, and calculating the cost of the inventory at the end of the period on this basis.

Weighted Unit Price (Inventory Cost Closed at the Beginning of the Month Cost of Inventory Purchased This Month) (Inventory Quantity Deposited at the Beginning of the Month Inventory Quantity Purchased This Month) Note: In the price difference calculation module, it was originally treated in this way Monthly comprehensive price difference rate (opening price difference Inbound price difference) (Opening amount Inbound amount) Price difference Outbound amount Monthly comprehensive spread rate.

3) First in, first out.

The latest issuance (requisition) of the material is based on the time when each batch of the material (or such material) is put into storage to determine the valuation basis of its inventory issuance, and the more first it is put into storage, the first it is issued.

In the FIFO method, the cost of inventory at the end of the period is close to the current market value. The advantage of this method is that enterprises cannot arbitrarily pick the valuation of inventory to adjust the current profit; The disadvantage is that the workload is more cumbersome, especially for enterprises with frequent inventory in and out. At the same time, when the price is **, it will overestimate the current profit and inventory value of the enterprise; On the contrary, it will underestimate the value of the company's inventory and current profits.

4) Last-in, first-out.

It's the opposite of first-in-first-served. In the period of sustained prices, the current cost will increase and the profit will decrease, which can reduce the adverse impact of inflation on the enterprise, which is also one of the ways to implement the principle of prudence in accounting practice.

5) Individual valuation method.

The individual valuation method refers to the fact that the inventory is recorded in a single ** when inventory management is carried out.

6) Planned costing.

The planned costing method starts with a plan, issues the materials according to the plan, and then appoints the material variances (cost accounting.

manufacturing).

1 Fees that increase as inventory increases.

1} The cost of funds, the cost of storage space, the deterioration and obsolescence of items, taxes and insurance.

2 Expenses that decrease as inventory increases.

1} Order Fee, Adjustment Preparation Fee, Purchase Fee and Processing Fee, Production Management Fee, Out-of-Stock Loss Fee.

3. Total inventory cost.

1} year: maintenance inventory fee, CH year, supplementary order fee, CR year, purchase fee, CP year, out-of-stock loss fee, CS

If CT is used to represent the total cost of annual inventory, then: CT=CH+CR+CP+CS I don't know if you use it, this is what I typed, o( o

Inventory commodities include: all the inventory commodities owned by the enterprise, including the commodities stored in the warehouse, the store department and the outer warehouse, the commodities entrusted to other units for custody and distribution, and the commodities displayed and exhibited.

The enterprise has completed all the production process and has been inspected into the warehouse, in line with the standard specifications and technical conditions, and can be sent to the ordering unit in accordance with the conditions specified in the contract, or can be sold as a commodity and the purchase or commissioned processing to complete the inspection of various commodities for sale.

Accounting for inventory items.

1. Production-oriented enterprises.

2. Commodity circulation enterprises usually use the gross profit margin method and the selling price amount accounting method for accounting for inventory.

Gross profit margin method: This method is a common method used by commodity circulation enterprises, especially commercial wholesale enterprises, to calculate the cost of goods sold in the current period and the cost of goods in inventory at the end of the period.

Commodity circulation enterprises due to the wide variety of commodities, if the cost of commodities is calculated by variety, the workload will be greatly increased, and generally speaking, the gross profit margin of similar commodities of commodity circulation enterprises is roughly the same, and the use of this inventory valuation method can not only reduce the workload, but also meet the needs of inventory management.

Gross margin = (gross profit from sales) 100%.

Net sales = sales revenue - sales returns - sales discounts.

Cost of sales = net sales - net sales Gross margin = net sales (1 - gross margin).

Ending inventory cost = opening inventory cost + current purchase cost - current cost of sales.

The cost of purchasing inventory Purchase price + transportation cost + reasonable wear and tear during transportation + storage fee + handling fee and other expenses, but excluding VAT and deductible expenses. Then: a.

The over-quota loss caused by the transportation agency is the fault of the transportation agency and can be compensated by the transportation agency, so it cannot be included in the inventory procurement cost. b。Reasonable wear and tear during transportation is the cost of purchasing inventory, so it is included in the cost of inventory purchase.

c。The travel expenses of procurement personnel are indirect expenses, so they cannot be included in the cost of inventory procurement. d。

Import duties are non-deductible taxes that help include the cost of inventory purchases. Answer: AC

【Analysis】The purchase cost of inventory generally includes the purchase price, relevant taxes, transportation costs, loading and unloading costs, insurance premiums, and.

Other expenses attributable to the cost of inventory purchases. That.

The relevant taxes and fees mainly include those that need to be paid for the purchase of inventory.

Import duties, consumption taxes, resource taxes and those that cannot be deducted.

VAT, input tax, etc. Other incidental costs are mainly:

Refers to the purchase cost in the process of purchasing inventory. It includes:

Storage fees, packaging fees, insurance premiums, loading and unloading fees, reasonable wear and tear during transportation and the whole before warehousing in the purchase process.

Fees, etc.

What is Inventory? What is included in the inventory? How is the inventory confirmed?

Including all kinds of purchased goods in the company's inventory, self-made products, goods stored in the store department to prepare **, goods sent out for exhibition, and goods stored in the warehouse or warehouse. Inventory commodities refer to all goods that are idle, used for the future, and have economic value.

Stocking goods can prevent production interruptions, stabilize the effect, save on order costs, improve service quality, prevent shortages, etc.

Inventory commodities refer to products that can be sold as commodities and various commodities that are purchased or commissioned to be processed and inspected for sale.

Inventory goods refer to the enterprise has completed the entire production process and has been inspected into the warehouse, in line with the standard specifications and technical conditions, can be sent to the ordering unit in accordance with the provisions of the contract.

Inventory costs include the following:

1. Procurement costs. The cost of purchasing inventory, including the purchase price, relevant taxes, transportation costs, handling costs, insurance premiums and other expenses attributable to the cost of inventory purchase, shall be eliminated. Among them, the purchase price of inventory refers to the price listed on the invoice of the materials or commodities purchased by the enterprise, but does not include the VAT amount that can be deducted according to the regulations.

2. Processing cost. The processing cost of inventory refers to the additional expenses incurred in the processing process of inventory, including direct labor and manufacturing costs allocated according to a certain method of Chi Qing. Direct labor refers to the remuneration of employees directly engaged in the production of products and the provision of labor services in the process of producing products and providing services.

Manufacturing expenses refer to the indirect costs incurred by enterprises in the production of products and the provision of services.

3. Other costs. Other costs of inventory refer to other expenses incurred to bring inventory to its current location and state, except for procurement costs and processing costs. The design expenses incurred by enterprises in designing products should usually be included in the current profit or loss, but the design expenses incurred in designing products for specific customers and can be directly determined should be included in the cost of inventory.

The total inventory cost items of materials include: material cost, order cost, tooling, equipment adjustment cost, inventory storage cost and stock-out cost, and I will introduce their meanings in detail below.

The first is the cost of materials, which refers to the cost of purchasing or producing materials. It is equal to the unit price (production cost) of the material multiplied by the total annual demand; Second, the order cost, also known as the procurement cost, is used to destroy the external order, which refers to all the expenses incurred in each order or purchase;

Third, the cost of tooling and equipment adjustment, also known as the cost of job replacement and production preparation, refers to the cost of leakage when the processing object changes (i.e., job replacement) under the mass production mode; Fourth, the cost of inventory storage, also known as storage cost and preservation cost. It refers to the expenses incurred in the storage and custody of inventory materials; Fifth, the cost of stock-out refers to the losses caused by shortages due to insufficient inventory in the process of trial production and operation.

Here's the answer:

Inventory costs include order costs, storage costs, and out-of-stock costs. Ordering costs refer to the costs incurred as a result of placing an order with a merchant to purchase an item. The latter mainly includes the application costs of office supplies, computer systems, etc.

This cost mainly includes the cost of internal personnel and management expenses, the former mainly includes the salary of procurement, finance, raw material fiber control and storage personnel, etc., and the latter mainly includes the application costs such as office supplies, **, computer systems, etc. The main characteristic of the order cost is related to the number of vertical purchases in the middle of the purchase, and not to the size of the order quantity.

Holding or carrying costs, also known as holding costs, are caused by storing or holding commodities over a period of time, generally proportional to the average amount of inventory held, where computer systems include storage facility costs, loading and unloading costs, insurance premiums, obsolescence losses, depreciation costs, taxes and opportunity costs of capital.

If the order is not available for shipment, the opportunity to sell may be lost or additional costs may be added, often referred to as stock out costs.

1. The cost of the purchased inventory includes: the purchase price, the cost of transportation (including transportation costs, loading and unloading costs, insurance premiums, packaging fees, storage fees, etc.), reasonable wear and tear during transportation, the selection and finishing costs before warehousing (including the labor and expenses incurred in the selection and sorting process and the quantity loss in the selection and finishing process, and deducting the value of the scrap materials) and taxes and other expenses that should be included in the cost according to the regulations.

2. Self-made inventory, including self-made raw materials, self-made packaging, self-made low Youshan Xun value consumables, self-made semi-finished products and inventory goods, etc., the cost includes direct materials, direct labor and manufacturing costs.

3. The cost of Weiyan inventory processed by an external unit includes processed raw materials, packaging, low-value consumables, semi-finished products, finished products, etc., including the actual consumption of raw materials or semi-finished products, processing fees, loading and unloading fees, insurance premiums, round-trip transportation fees for commissioned processing, and taxes and fees that should be included in the cost according to regulations.

Inventory costs include order costs, storage costs, and out-of-stock costs. Ordering costs refer to the costs incurred as a result of placing an order with a merchant to purchase an item. This cost mainly includes the cost of internal personnel and management expenses, the former mainly includes the salary of procurement, finance, raw material control and storage personnel, etc., and the latter mainly includes the application costs such as office supplies, computer systems, etc.

The main characteristic of the order cost is that it is related to the number of purchases, not to the size of the order quantity.

Storage of goods. Holding or carrying costs, also known as holding costs, are caused by the storage or holding of commodities over a period of time, generally proportional to the average amount of inventory held, including the cost of storage facilities, handling costs, insurance premiums, obsolescence losses, depreciation, taxes, and opportunity costs of capital. If there are no items available for delivery at the time of ordering, the opportunity to sell may be lost or additional costs may be added, often referred to as stock out costs.

The order is put into storage.