It is then multiplied with number of units sold and number of units in ending inventory to arrive at cost of goods sold and value of ending inventory respectively. In perpetual inventory system, we have to calculate the weighted average cost per unit before each sale transaction.
â¢ Grant Program: The Passenger & Freight Rail Assistance Program is a reimbursement grant program. Project grantees are required to pay all bills before requesting reimbursement. â¢ Reimbursements: Reimbursements to the grantee will be made monthly. â¢ Match Requirements: There is no minimum match requirement, the Passenger & Freight
What is the TIP? The Transportation Improvement Program (or TIP) is a planning document based on long-range transportation goals. It is a financially constrained, short range 5-year program. Within this document is a list of projects, programs, and policies to be initiated within the next four (4) year planning cycle.