Specific Identification Inventory Valuation – When to Use it?
Update: 2025-09-10
Description
Managing inventory costs in manufacturing? The specific identification method tracks each item’s actual cost from purchase to sale—no estimates, no assumptions. It’s the most accurate way to calculate the cost of goods sold, but the complexity means it only makes sense for certain operations.
You can learn more in this episode or read about it on our blog
For more information about MRPeasy software, visit our website: mrpeasy.com
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