Small businesses need to be aware of their inventory in order to adjust their production levels. One of the most important inventories to be familiar with is the finished goods inventory, as it ...

Assessing the cost of inventory may be a simple process for retailers. Conversely, for manufacturers knowing the cost of finished goods in inventory involves inclusion of cost from the initial raw ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...