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Thank you for advocacy andthere are several ways of stock assessment and selection of the best way according to the type of the Buffer Stock and the type of activity of the company
such as
LIFO
FIFO
AVG
FIXED
Thank you for your kindness invitation
I agree with all previous answers.
Regards
LIFO
FIFO
Weighted average
The most commonly used inventory valuation methods under a perpetual system are:
first-in first-out (FIFO)
last-in first-out (LIFO)
highest in,first out (HIFO)
average cost or weighted average cost
LIFO
FIFO
MOVING AVERAGE
WEIGHTED AVERAGE
Inventory should be value at cost or Market price which ever is lower, methods are
LIFO
FIFO
AVG
FIXED