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Inventory Value
The total cost or market value of all the goods and materials held by a company for the purpose of resale.
Units Sold for $55
This term specifies a sales data point, indicating the number of units of a product sold at a price of $55 each.
Periodic Weighted
A method of inventory valuation that assigns a weighted average cost to items, based on the cost of goods available for sale during a period.
Cost of Goods Sold
The direct costs attributable to the production of the goods sold in a company, including materials and labor.
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