The correct answer is D. Realizable Value.
First in First out (FIFO) is a method of inventory valuation that assumes that the first goods purchased are the first goods sold. This means that the cost of goods sold is based on the cost of the oldest inventory items.
Standard Cost is a method of inventory valuation that uses a predetermined cost to value inventory. This cost is based on factors such as the cost of materials, labor, and overhead.
Average Pricing is a method of inventory valuation that uses an average cost to value inventory. This average cost is calculated by dividing the total cost of inventory by the number of units in inventory.
Realizable Value is the estimated selling price of an asset in the near future, net of estimated costs of completion and disposal. It is not a standard method of inventory valuation because it is not based on the actual cost of the inventory items.