cogs {FinCal} | R Documentation |
Cost of goods sold and ending inventory under three methods (FIFO,LIFO,Weighted average)
cogs(uinv, pinv, units, price, sinv, method = "FIFO")
uinv |
units of beginning inventory |
pinv |
prince of beginning inventory |
units |
nx1 vector of inventory units. inventory purchased ordered by time (from first to last) |
price |
nx1 vector of inventory price. same order as units |
sinv |
units of sold inventory |
method |
inventory methods: FIFO (first in first out, permitted under both US and IFRS), LIFO (late in first out, US only), WAC (weighted average cost,US and IFRS) |
cogs(uinv=2,pinv=2,units=c(3,5),price=c(3,5),sinv=7,method="FIFO")
cogs(uinv=2,pinv=2,units=c(3,5),price=c(3,5),sinv=7,method="LIFO")
cogs(uinv=2,pinv=2,units=c(3,5),price=c(3,5),sinv=7,method="WAC")