FIFO / LIFO And Average Formula
Need fifo, lifo and average formula ....
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Inventory: FIFO, LIFO And Average Cost
I need to compare and calculate the Unit Cost Price of my Inventory based on the 3 methods of inventory valuation: FIFO (First In, First Out), LIFO (Last In, First Out) and Average Cost. Next, I enclose 3 snapshots of each method with the results required (columns color yellow).
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Formula =AVERAGE(B16:L16) To Give The Average
I'm using the formula =AVERAGE(B16:L16) to give me the average. However I have a couple of problems with this. Firstly I would like to exclude the value zero from the average. Secondly to also ignore the lowest and highest values. Example, if the values in the cells are 0,1,2,3,4,5,6,7,8,9,10 then the current result shows 5, by ignoring the 0 and lowest value 1 and highest value 10 the average should be 4.5.
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FIFO Calculations
I have inventory... with starting product at a certain cost, received product at a new cost, and used product. I want to assume that we are using FIFO. What I need is a total cost (what I have paid) for what is sitting in my freezer. Column A is START (5) Column B is RECEIVED (6) Column C is USED (2) Column D is END (9) or (A1+B1C1) Column E is OLD COST ($12.20) cost per unit of those 5 Column F is NEW COST ($13.50) cost per unit of the 6 i got in So I need in Column G a FIFO formula for total cost of what I have in the fridge.
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Fifo Inventory Valuation ...
I have a workbook with a series of #'d tabs corresponding to different pieces of inventory tracked independently (I've simplified it significantly and attached it). I would like to use the Firstin Firstout inventory valuation method to calculate the current cost of inventory. A manual calculation and description of the method and the proper result is included in the sample file. I have come across numerous references to http://www.cpa911.com/read_article.asp?ID=46 here, via google, other messageboards, etc; however, when I have tried implementing it, even as described, it never seems to work! (Note: I've included the code and set it up per their instructions in the attached file...of course, unless I misinterpreted their instructions and my problem lies there...) Moreover, I'm not sure how I would implement this particular macro anyways using named regions considering the same macro would have to be run across several sheets. As a result, the named ranges would always pull data from only the one sheet containing the named range required by the macro . This begs the question of whether there a way to create unique named ranges for each sheet that would be interpreted correctly by a single macro running across multiple sheets... If this is at all unclear, I would be more than happy to rephrase any/all parts. After all, this problem has been aggravating me for weeks, and I am at the mercy of this forum's gifted coders who may not be well versed in accounting theory.
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First In First Out Inventory (FIFO) Userform
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Fifo Method Of Stock Valuation
I have a file where I want to make a report which will put the stocks having positive balances along with their prices and values. Stocks are to be valued on FIFO (First in first out) method ie when the stocks are sold it means it were sold from the first lot bought and so on. Reporting is required for Shares Held For eg. for Stock A, Buy qtn is (50+50+100++100) and sell qtn is 100 So total balance is Buy Qtn 300  sell Qtn 100 = 200 Sell Qtn 100 will out of first 50 & then next 50 (First in so first out) balance held in hand is out of last two Qtn 100 purchases. The prices are corresponding to these two lots of 100 stocks. Reporting will be for Stock held (lotwise) See Sheet 2 of the file attached. Basis of price will be fixed ie no formula etc and corresponding to those lots. Actually these data are copied from web qwery so formula etc are not required. For cost purpose, price and Total correponding the balnce qtn lot are relevant In case more clarification required, do let me know. I will try to make them clear.....
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FIFO Inventory Method Balance Tracking
I've been trying to come up with either a formula or a macro (I'm a novice in VBA so it would probably take me forever to figure it out) to track the FIFO balance (First InFirst Out) of items at any given point in time. I have attached a sample spreadsheet with the example and all the notes that might help figuring this out. I want to stress that I'm not trying to calculate any cumulative balance or any FIFO pricing whatsoever; just separate tracking of the purchase balances at any point in time after varous sales using the FIFO balance.
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First In First Out (FIFO) Accounting For Equity Trade's Book Cost
I have a number of equity trades (both purchase and sales). I need to know the book cost of those sale trades to figure out the realized gain/loss according to Firstinfirstout method. Since the unit sold may included units bought at different time and different price, so I have to first exhaust the first lot that I purchase before moving into second lot, and so on and so for. Column G  J are for illustration. I highlighted K10, K11 and K12 are book cost that I want to calculate. Instead of manually separating out units in each lot previously bought. Is there an automatic way? I would not mind adding new columns to ease calculation.
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Daily Average Formula
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I am trying to do an average of quartely results (2008 results) and because certain quarters can have no data present then my quarter shows 0%. But if i do a simple average of all Qs then the 0% affects my overall year to date. I need to keep the 0% because it may be a legit value. So i've devised a way to is if we actually have something in the cell (using isblank). So i test with isblank and if something is present then i use the Quartely value. It could be 50% or it can be 0%. I would like to incorporate the snapshot but i can't because i do not have access to uploading a picture. If any of you wish i could email the pictures. When i test out my formula in different cells its works but when i combine them all together i get #VALUE! error. In the example the error comes from the Q3 which test out and should give "" but when its added to the formula i gert #VALUE!. Shouldn't the average function disregard "" cells? My formula is: =average((if(and(isblank(F33),isblank(J33),isblank(N33))," ",R33)),(if(and(isblank(T33),isblank(X33),isblank(AB33)),"",AF33)),(if(and(isblank(AH33),isblank(AL33),isblank(AP33)),"",AT33)),(if(and(isblank(AV33),isblank(AZ33),isblank(BD33)),"",BH33))) Maybe my logic is flawed or there is a better way to do it. Either way i would like your opinion on it.
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There are (i think) 5 tball coaches 25 5 yrs old 44 6 yrs old each were score on RUN, THROW, GROUND BALL, FLY BALL, BATTING, scores were: 5Excellent, 4Very Good, 3Good, 2Average, 1Fair So I was thinking of making 5 sheets (one for each coach, with their scoring for each players) The last sheet will be what the Average would be for each area from each coach, giving me a general idea about the players that I didn't get to watch and score. So how would I formula the Avarage sheet? Again I'm on short notice, and need to have this done on Sunday, when the information starts to come in and I can dataentry the scores, and have it ready for Monday nights draft.
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I'm building a yearly workbook with multiple worksheets (i.e. one for each month, quarterly reports and one final yearly report). My question is that although I can have the data transfer easily to my quarterly and year end report sheets, I can't seem to figure out how to filter my data and then calculate an average based on personnel averages in the various categories I have set up. My example is that I want to be able filter my personnel shifts (i.e. 7am, 3pm, 11pm, etc) and then set up a formula which can for example calculate a column of data and average it only based on the employees working that particular shift. My formula should adjust for the shift time I pick.
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I am trying to do a stock ( goods) inventry for a catering industry, meaning most good swill keep havinf cost prices changing. I am trying to use a LIFO system. To achieve the end result, i am trying an average formula and i am trying something as follows: =SUMIF(I4:I20,">0",I4:I20)/COUNTIF(I4:I20,">0") To try it out, i created a similar page with the same amounts but using a normal multiplication and division formula, the totals dont marry.
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Formula To Calculate Average Number Of Rebills Per Client
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Average Formula Data Avaliable And Discard Any ZEROS
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