Historical Inventory Valuation

Hello, I'm looking to find the value of an item on a specific date and cannot seem to find a built in SAP report to get this information.

For instance, I need to see the quantity in stock for all items that are in stock for a specific date and their avg price.

So, I'd like to see what my inventory valuation on 12-31-2012 was on an item level, i.e

Is there an easy way to do this through the UI? If not, any ideas on a query? -- OINM?