Inventory Cost Flow Assumptions Calculator (FIFO, LIFO, Weighted Average)
Calculates ending inventory and cost of goods sold under FIFO, LIFO, and Weighted Average cost flow methods.
Notice: engineering verification utility. Use test or de-identified data and verify results independently before relying on them.
How it works
Standard: ASC 330 Inventory Cost Accounting
Formula: FIFO (First-In, First-Out), LIFO (Last-In, First-Out), and Weighted Average Unit Cost evaluation
Checks: Valid beginning inventory, purchases, and ending inventory unit quantities
Calculated locally in browser memory; nothing leaves your browser.
Deterministic local-first client-side execution. Provided as-is without warranty.