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8 Inventory Costing Methods That You Might Not Know About

EMERGE App

Inventory costing or valuation is an accounting concept that has a direct impact on your gross profit and thus taxable income. Methods of valuing inventory are simply different cost-flow assumptions about how to allocate your cost of goods available for sale. We’ll start by explaining why inventory costing is important.

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Coffee Shipping 101: Costs, Challenges, & How-to Ship

ShipBob

These services allow coffee shipping businesses to better forecast how much inventory is needed all the while, increasing the lifetime value of their customer. That way, you can distribute your inventory across facilities and shipping zones to achieve faster shipping. How much does it cost to ship coffee?