Bumi had 120 units of an item in inventory which were purchased some time ago at a cost of$1,200. Immediately before the end of the financial year 20 units were sold for $180. Shortlyafter the year end a further 20 units were sold for $170 with $20 being incurred in deliveringthe items to the customer.At what amount should the items in inventory at the end of the financial year beincluded in the financial statements?
参考答案(由小熊题库网聘请的专业题库老师提供的解答)
请点击↑↑↑ 查看官方参考答案 按钮
习题解析
请点击 查看官方参考答案 按钮
您可能感兴趣的题目
1 .
A $19,900 overdrawn B $68,500 overdrawn C $59,700 overdrawn as stated D $158,100 overdrawn
2 .Sigma’s bank statement shows an overdrawn balance of $38,600 at 30 June. A check againstthe company’s cash book revealed the following differences:(1) Bank charges of $200 have not been entered in the cash book.(2) Lodgements recorded on 30 June but credited by the bank on 2 July $14,700.(3) Cheque payments entered in cash book but not presented for payment at 30 June$27,800.(4) A cheque payment to a supplier of $4,200 charged to the account in June recordedin the cash book as a receipt.Based on this information, what was the cash book balance BEFORE any adjustments?
A $16,900 overdrawn B $34,100 overdrawn C $43,100 overdrawn D $60,300 overdrawn
3 .What should the final cash book balance be when all the above items have been properlydealt with?
A $5,110 overdrawn B $33,630 overdrawn C $43,650 overdrawn D $72,170 overdrawn
4 .Which of the following statements is correct?
A Carriage inwards and outwards are both expenses which can be validly included inestablishing the cost of inventory B Carriage inwards is an expense but carriage outwards is sundry income so onlycarriage inwards can be included in the valuation of inventory C Carriage inwards and outwards are both ...
5 .On 1 January 2011 Uba acquired goods for sale in the ordinary course of business for$105,000, including $5,000 refundable purchase taxes. The supplier usually sells goods on30 days’ interest-free credit. However, as a special promotion, the purchase agreement forthese goods provided for payment to be made in full on 31 December 2012. In acquiring thegoods carriage costs of $2,000 were incurred: these were due on 31 January 2012. Uba’s costof capital is 10% per annum.At what amount should Uba measure the cost of these goods (to the nearest $00)?
A $92,900 B $92,700 C $92,000 D $90,900
7 .What is the cost of the remaining inventory using the first-in, first-out (FIFO) formula?
A $91,800 B $90,400 C $90,000 D $87,400
8 .If Mobi used the average cost method instead of FIFO what would be the effect on inventoryvaluation and reported profit?
A Inventory valuation: Increased Reported profit: Increased B Inventory valuation: Increased Reported profit: Decreased C Inventory valuation: Decreased Reported profit: Increased D Inventory valuation: Decreased Reported profit: Decreased
9 .对于非经营性技术方案，经济效果评价主要分析拟定方案的（ ）。
A 盈利能力 B 偿债能力 C 财务生存能力 D 抗风险能力
10 .资本金现金流量表是以投资方案资本金作为计算基础，站在（ ）的角度编制的。
A 项目发起人 B 债务人 C 项目法人 D 债权人
