Inventory valuation

Inventory valuation

Inventory valuation in case of sales return makes some error in getting proper value of inventory.

Cost price considered for accommodating the goods returned is not the price at which cost of good sold where recorded, last purchase of the same item is considered. I thing this mistake in inventory valuation.
Suppose if the if I initially purchased an item for Rs.100 and I sold the same, cost gods would be Rs.100. then I again made purchase of same item at Rs.150.
and if the item initially sold where returned, instead of reversing the item at Rs.100, now its getting reversed at Rs.150.
This scenario brings mistake in my inventory valuation.

Please give me solution for this issue.

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