dollar-value retail method definition
A method used by retailers for estimating the cost of ending inventory without tracking the individual units of product.
A method used by retailers for estimating the cost of ending inventory without tracking the individual units of product.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.