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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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This Week in Logistics News (October 22 – 28)

Logistics Viewpoints

UPS earnings rise as higher prices offset shipping slowdown. Sam’s Club finalizes chain-wide deployment of robotic inventory scanners. United Parcel Service Inc.’s s profit climbed in the third quarter despite a downtick in shipping volumes as higher prices buoyed the business. Shipt to offer Dealivery Days program.