FIFO Calculations
Feb 21, 2010
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+B1-C1)
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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Nov 23, 2009
I have a worksheet containing data for a product my company manufactures. I want to make a userform with 1 combobox and 4 textboxes for first in first out management of inventory. From the columns in the worksheet the combobox = "Product", textbox1= "Container", textbox2= "Production Date", textbox3= "Warehouse Location", and finally textbox4= "Sheduled Ship Date".
I need it to work by the user selecting a particular product in the Combobox, based on that the first 3 textboxes are populated based on the oldest production date for that particualr "Product". The user can then input into the 4th textbox "Schedule Ship Date" the appropriate date, then hit a command button to update the spreadsheet with the "Scheduled Shipping Date" ...
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Jul 14, 2007
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 First-in First-out 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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Jun 29, 2007
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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Sep 16, 2008
I need help to calculate inventory value using FIFO method...
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Jun 15, 2009
Need fifo, lifo and average formula ....
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Mar 8, 2014
I am trying to create a worksheet that tracks the age o f the inventory in my warehouse. I am charged each week at an increasing rate and want to be able to track what these charges will be. I would like to be able to sum up the data below in a pivot table that shows how many units are falling into each age group, this would add up to a max o f 10 weeks o f increasing charges.
3/1/14 received 1000 units
3/6/14 ship 600 units
3/8/14 charge for 1 week at 400 units
3/8/14 receive 500 units (900 pieces on units)
3/13/14 ship 300 units
3/15/14 charged for 100 units at 2 weeks and 500 units at 1 week
This needs to be able to assume this is going on for 10 different items, I would like to be able to track the items independently and in bulk.
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May 10, 2014
Make an interactive calendar in excel. I would like to have 3 sheets. One were I can enter the names and corresponding reoccurring roster, that would be days on days off, a second sheet that does all the calcs etc and returns days of which all or most of the people are going to have off at the same time, so we can organise things in advance and maybe a third sheet that shows an actual graphical display of this information like a traditional calendar.
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Jul 7, 2009
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 In-First 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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Oct 14, 2005
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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Apr 23, 2009
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 First-in-first-out 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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Aug 18, 2009
I had been trying really hard to get some solution on COGS valuation & inventory valuation on FIFO basis. my daily transactions are typical sales & purchases.
Attached is the inventory in/out movement from Quick Books. in the column "Num" type bill is the entry from purchase bill whihc always has a reference as P/O####. This is how i will capture the landed cost against a PO., another type "Inv Adj" is inter warehouse transfer. Name is cusotmer, Inventory is my item number. in some cases it is like "2000", in some cases it is 10000:10121, and in some cases it is 10000:10200:10201 that is why they fall in different columns when i export them.
What I would lilke to do: 1) Run a report by month, by customer showing cost of goods sold on FIFO basis, I can capture sales amount by running another report.
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Feb 9, 2010
if you look at attachment, in Cell J2, if cell I2 is greater than 2 minutes but less than two minutes, the I need the value of I2 in Cell J2 otherwise 0:00:00 then K2 between 3 & 4 Mins and so on.
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Jan 27, 2010
I am making a spreadsheet that tells us the following information about prints that we do:
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Feb 2, 2010
I have attached a sample file. All the data is inserted into this file via a text file, except one column "G". Someone in this forum was kind enough to help me in being able to include the city name 'G' to a parcel number 'A'. However, the page is constantly trying to complete 'Calculations' and won't let me do anything without first hitting 'Control Break'.
This is fine except that when I try to save the file into .txt, I don't have the option of 'Control Break' and I have to end up closing the file. As the 'real' file has over 100,000 rows, nothing happens very fast. I have tied changing the 'Calculation Options' but that doesn't seem to change anything.
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Jul 11, 2012
Is it possible to have an input box for a range of calculations and then in my formulas set the range to anchor + variable ?
Something roughly like:
Range = 20
Product( F13:F & Range_Variable_Cell_Value)
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Mar 19, 2007
I'm working working with this spreadsheet that is moving incredibly slow. Every time I enter anything, it takes anywhere from 10 seconds, to a couple minutes to calculate and let me proceed. It is a pretty big file (4.60 MB), but I also work with another spreadsheet that is a little smaller (2.95 MB) that has never taken more than a fraction of a second to calculate anything. What could I do to spead up the spreadsheet?
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Sep 15, 2007
My problem is the following:
I'm trying to model straight line depreciation over 5 years for certain investments. This could for example be done like this: ....
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Sep 2, 2008
Does anyone know of a site or some code that can make changes to add some items to the status bar calculations?
Such as right now you have Sum, Count, Count Nums, Max, Min... just to name a few.
I'd like to be able to add some other ones down there if it can be done. I'd like to count #N/A's or possibly sum only positive numbers? I can do it with a quick keyboard shortcut and message box with a macro, but I'd like to just be able to highlight a range and have it show up like sum or the others do.
Just thought I'd psoe the question.
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Feb 21, 2009
im in the process of designing a userform but it needs to have some calculations in it, and im lost on how to do it if anyone can help
ie
in textbox1 there is a value of 5 and in textbox2 there is a valuve of 10 and in text box 3 i want to appear textbox1 multiplied by textbox2 so 50 should appear
this is a basic example but as soon i have mastered that i can adapt everything else to my userfom
will the above be done automatically as soon as i enter values or would i have to "make the calculation" via a button or something
and also i want to have a enter button or something like that that copies the data that i have put in the various text boxes to the excel spreadsheet and clear the userform cells
phew thats best i can explain any questions just reply to this post as per the norm
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Mar 19, 2007
can i hide all calculations inside my excel document? I wish to provide some excel worksheets but must protect the calculations performed for privacy reasons. I would still like to enable clients to sort tables, change pivot tables, etc but not to see what calculations are used.
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Oct 4, 2007
I dont know if that is the correct title to use but here goes. I am trying to help my friend with some work that he is struggling with.
We have a model where we can change the % of the Service Level in field E8 and it will tell us the number of people required within field E17. Is their a way we can reverse this by creating another spreadsheet where we could put in the number of people we have for it to tell us the service level that would reach?
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Jan 19, 2008
I have a Userform set up and I have a combo box which I have filled with options using the With Combobox.add method with 5 choices; Minutes, Hourly, Weekly, Monthly & Yearly.
I want these choices if slect to represent a value to make this easier say if minutes is slected the value would be 1, hours would be 2 etc..
I want this choice to be stored as a variable say time, which can then be later used in a calculation which is run when I run my main program based on this selection.
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Apr 29, 2014
I have a spreadsheet that I am trying to have automatically calculate a total based on certain criteria:
I want the amount under the per diem amount column W to return a value based on if P is entered in column V. If this is for partial it will depend on departure and arrival times. If departure is after 6:00 AM no breakfast per diem is paid, if departure is after 11:00 AM no lunch is paid. If arrival is before 2:00 PM no lunch. If arrival is before 7:00 PM no dinner. If the user enters a 1 or 2 in column U, 1 uses out of state per diem breakdown located in cells I38:I40. In state uses a 2 and is located in cells E38:E40.
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Feb 12, 2014
I want to pay different commission rates for different levels of sales...
IE nothing if sales are under 250,000 per year.
5% between 250,000 and 500,000,
8 % between 500,000 and 750,000
10% between 750,000 and 1,000,000
12.5 % between 1,000,000 and 1,250,000
and 15 % over 1,250,000
The issue that im having trouble with is that if the sales guy brings in 1,500,000 in yeary sales he would be paid some at 0%, some at 5% some at 8% some at 10% , so at 12.5 and some at 15%
How do i calculate that? I have included a excel spreadsheet.
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Feb 6, 2010
Attached is a layout that I am trying to get working.
the 1st tab is the input sheet, I want to be able to post input on that sheet and have it transfer to the other tabs in the appropriate fields.
I'm having a problem mostly with the vlookup to get the data into the right cells on the other tabs.
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Sep 17, 2013
I have A1 that contain numbers, B1 that contain number, and i want to multiply those 2 and at the end of result i want to add zeros on front. Let me give you an example:
A1 field has data :00.375B2 has data: 6.49 C1 has the multiply result of A1+B1: 2.43 (But i want when the calculation is done and have the result 2.4 to add 2 zeros on front and become: 002.43 or if the result is for example: 65.20 to add 1 zero on front and become 065.20 , and if the result is 102.20 do not add anything on front.
So in total i need to have the 5 digits of number.
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Feb 19, 2014
I am creating a userform that has multiple calculations in it. I understand how to do this in Excel but I have no idea what the order of operations would be with a user form. (UoM Cost) will = Unit Price / Quantity). The (Ext Cost) field would equal [Quantity x Waste% x UoM Cost (that needs to be calculated before) + Unit Price. (Cost Per Each) would = the "Ext Cost"....that needs to be calculated before / Quantity - Waste%.
Once I have these calculations, then need to click a button to either reset the user for for another record (or if I mess up) and a button to save the record to the excel spreadsheet in the background.
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Mar 2, 2014
I would like to implement a pricing tool where by if you select certain boxes the price will be increased or decreased.
For example. If chk_UtilA is selected on the attached then the target price will be multiplied by 10%.
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Nov 25, 2009
when I powered up my workstation, the workbook has reverted back to calculating upon startup. I have provided a sanitized version of the workbook. I think the issue with the calculations during startup may not be apparent to you due to your inability to access the Access database this workbook extracts data from. I attached a test database which should hopefully work correctly with the workbook to demonstrate the calculation issue. Extract and save the test database in c:emp. That is where the workbook import queries will look for it.
The live workbook is much larger and on a remote server so the calculations take a lot longer than what you might see here.
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