Problem
I. Inventory disclosures:
Are there any disclosures about raw materials, WIP inventory, Finished Goods inventory levels?
How is inventory described for your SEC 10-K company? Relate your answer to topics in our course.
Report on any costing information such as inventory valuation methods--LIFO, FIFO, and/or average cost.
Comment on supplemental information provided related to inventory for your SEC 10-K company.
II. Cost and sources for production materials: Notice how cost is used in the SEC 10-K.