Cost of Goods Sold Overview: Study Sheet

This Smartacus Study Sheet will help you to understand how to find cost-of-goods-sold and the value of inventory. Explore definitions and methods (including Average Cost Method, LIFO, and FIFO). It also prints for easy reference. Continue reading

Inventory Value Study Sheet

Use this Smartacus Study Sheet to understand how to find the value of inventory and cost-of-goods-sold. Explore definitions and methods (including Average Cost Method, LIFO, and FIFO). It also prints for easy reference. Continue reading

Units of Production Method: Bottomless Worksheet

Get endless practice using the units-of-production method of calculating depreciation with this Bottomless Worksheet. Ten new problems for you to solve, printed copies, and answer sheets are all just a click away. Continue reading

Double Declining Balance: Bottomless Worksheet

Get endless hours of practice on calculating depreciation using the double declining balance method with this Bottomless Worksheet. Get ten new problems whenever you need them, along with an answer key — both of which you can print! Continue reading

Units of Production Method

This Formula Solver walks you through the steps for calculating depreciation with the Units-of-Production method. Use your own values for purchase price, salvage value, expected lifetime units, and current year units to check your homework answers. Continue reading

Declining Balance

This Formula Solver walks you through the steps to calculate depreciation with the declining balance method. Use your own numbers for the current value, salvage value, and years of life to find the depreciation for an asset in the current year. Continue reading

Inventory Value: Average Cost Method

Use this Formula Solver! Series program to learn how to calculate Inventory Value with the Average Cost Method. It’s great for checking your homework answers, too! Continue reading

Sum-of-the-Years’-Digits Method: Bottomless Worksheet

Use this Bottomless Worksheet to get countless hours of practice on calculating depreciation using the sum-of-the-years-digits method (SYD). Get ten new problems whenever you need them, along with an answer key — both of which you can print! Continue reading