Note 9. Inventory

FY 2003 Performance and Accountability Report
Bureau of Resource Management
December 2003
Report

Inventory held at September 30, 2003 and 2002, is summarized below (Dollars in Thousands).

 

Inventory Held
at September 30, 2003 and 2002
(Dollars in Thousands)
Inventory Held for Current Sale: 2003 2002
Publishing Services - Raw Materials $1,214 $1,797
Publishing Services - Publications for Sale  2,215  3,279
Inventory for Resale  1,830
single underline
 2,708
single underline
Total $5,259
double underline
$7,784
double underline

 

The inventories of Raw Materials are valued using the latest acquisition cost. Publications for Sale are valued at cost of production. Inventories for resale are valued at cost for items held in the European Logistics Support Office's Expedited Logistics Program, and the weighted moving average method is used for items in the Material Management Branch.