Inventory EXAM June 2025 | Gr. 12 Part 7: Specific Identification Method, Stockholding Period

Do not watch these exam videos before the previous lessons. Keep up with the playlist:    • Grade 12 Inventory   You should be able to: Define inventory Explain Perpetual Inventory Explain Periodic Inventory Calculate FIFO Calculate Weighted Average Calculate Cost of Sales Calculate Gross Profit Calculate Mark-up % Calculate Gross Profit % Calculate Inventory Turnover Calculate Inventory Shortages Explain Internal Controls Analyse Inventory Performance Advise Business Owners Text us on WhatsApp for the checklist and notes or email us. Want your school fees paid for? Apply for our program and text us on WhatsApp for a quicker response. 069 120 7733 How to apply: 1. Send an email to [email protected]. Just say "hi" as the subject and body. 2. You will receive a response a few seconds after. Keep refreshing your emailing app. 3. Read the email that you receive from us. Reply with the information required. Your name, surname, school, province and more. 4. Follow our social media accounts 5. Wait for a response. It could take a few days. Text us on WhatsApp for a faster process. We're also creating groups for different schools, if your school group already exists, then we will add you to one When applying for our program, make sure that you write the notes and examples that are similar to the ones we have provided as your notebook will be checked before you receive the funds. We choose students that are in the top 10 of their respective school, provided that you have applied. If you haven't applied, you will NOT be considered.