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1、cost accounting答案第6版答案Intermediate Accounting 6e Sp iceland ch8导读:就爱阅读网友为您分享以下 第6版答案In termediateAccounting 6e Spiceland ch8 ”的资讯,希望对您有所帮助,感谢您对的支持!55.What is Nu s n et in come if ictsl&IFO? A. $ $1,$144.AACSB: An alyticBlooms:App licatio nLear ning Objective: 08-04Differentiate between the specific
2、identification; FIFO; LIFO; and average cost methods used to determ ine the cost of ending inven tory and cost of goods of Lear ning: HardS picela nd - Chap ter 08 #5556.What is Nu s net in come if it elects LIFO? $288.$ $480.AACSB: An alyticBlooms:App licatio nLear ning Objective: 08-04Differentiat
3、e between the specific identification; FIFO; LIFO; and average cost methods used to determ ine the cost of ending inven tory and cost of goods of Lear ning: HardS picela nd - Chap ter 08 #5657.What is Nu s gross profit ratio if it elects LIFO?. 80%.B. 49%.D.5%.AACSB: An alyticBlooms: App licatio nLe
4、ar ning Objective: 08-07Calculate the key ratios used by analysts to monitor a companys inv estme nt in of Lear ning: HardS picela nd - Chap ter 08 #57Nueva Company reported the following pretax data for its first year of op erati ons.Sp icela nd - Cha pter 0858.What is Nueva gross profit ratio (rou
5、nded) if it elects FIFO? A.30%.C. %.D.60%.AACSB: An alyticBlooms: App licatio nLear ning Objective: 08-07Calculate the key ratios used by analysts to monitor a companys inv estme nt in of Lear ning: HardS picela nd - Chap ter 08 #58What is Nueva s n et in come if it elects FIFO?$ $ $620.59.AACSB: An
6、 alyticBlooms:App licatio nLear ning Objective: 08-04Differentiate between the specific identification; FIFO; LIFO; and average cost methods used to determ ine the cost of ending inven tory and cost of goods of Lear ning: HardS picela nd - Chap ter 08 #5960.What is Nueva s n et in come if it elects
7、LIFO?$ $372.AACSB: An alyticBlooms:App licatio nLear ning Objective: 08-04Differentiate between the specific identification; FIFO; LIFO; and average cost methods used to determ ine the cost of ending inven tory and cost of goods of Lear ning: HardS picela nd - Chap ter 08 #60Inven tory records for H
8、erbs Chemicals revealed the following:March 1,2011, i nven tory: 1,000 gallo ns $ = $7,200Sp icela nd - Cha pter 0861.Ending inven tory assu ming LIFO in a p eriodic inven tory system would be: B. $5, $5,$5,135.Ending inven tory is assumedto con sist of 700 gall ons from beg inning inven tory:AACSB:
9、 An alyticBlooms:App licatio nLear ning Objective: 08-04Differentiate between the specific identification; FIFO; LIFO; and average cost methods used to determ ine the cost of ending inven tory and cost of goods of Lear ning: MediumS picela nd - Chap ter 08 #6162.Ending inven tory assu ming LIFO in a
10、 perp etual inven tory system would be: A. $4, $5,$5,140.AACSB: An alyticBlooms:App licatio nLear ning Objective: 08-04Differentiate between the specific identification; FIFO; LIFO; and average cost methods used to determ ine the cost of ending inven tory and cost of goods of Lear ning: HardS picela
11、 nd - Chap ter 08 #62 ch8Stude nt:1.Physical counts of inventory are never done with perpetual inventory systems. True FalseThe main differe nee betwee n perp etual and p eriodic inven tory systems is the tim ing of the allocati on of costs betwee n inven tory and cost of goods sold. True FalseLIFO
12、p eriodic and LIFO perp etual always p roduce the same amounts for ending inventory. True FalseFIFO p eriodic and FIFO perp etual always p roduce the same amounts for cost of goods sold. True FalseCost of goods on con sig nment is in cluded in the con sig nee inven tory un til sold. True FalseShipping charges on outgo ing goods are in cluded in cost of goods sold.True FalseNet pu rchases are reduced for disco unts take n whether t
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