Additional information 1. The head office sends goods to branches at a price of 120% above the central base price 2. Inventory December 31, 2013 is $ 70,000,000 for headquarters and $ 60,000,000 for branches. The branch supply is assessed at the transfer price Make it 1. Consolidated balnce sheet PT A 31 Dcember 2013 2. Consolidated income statement for PT A, 31 December 2013

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Inventory Valuation

Before discussing the topic inventory valuation let’s discuss the meaning of inventory. In accounting, inventory is also known as stock. Inventory means all the finished goods, materials, merchandise that a business holds for the purpose of selling it in the market with the motive of earning profit.