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  Inventory Valuation Methods  Question :-1-How Many types of Inventory Valuation Methods? Answer:-There are three types of Inventory Valuation methods. A-FIFO-First In First Out B-LIFO-Last In First Out C-WAP-Weighted Average Price How to Calculate - Ex-Material : Cement  Month Receipt Rate Value Issue Balance Jan-21 500 250 125000 400 100 Feb-21 600 260 156000 600 100 Mar-21 700 255 178500 500 300 Apr-21 800 280 224000 750 350 May-21 400 285 114000 550       200 Jun-21 1000 270 270000 800 400 Jul-21 600 265 159000 ...

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