A.will always be lower when using LIFO rather than FIFO, during a period of rising pricesB.is the number of units of inventory sold multiplied by cost per unit of inventory.C.is the number of units of inventory purchased multiplied by cost per unit of inventory....
美国公司之所以普遍使用LIFO的原因是为了能够尽可能的夸大公司的销售成本(cost of goods sold (COGS)),从而达到降税的效果 那么你可能会问,销售成本和库存之间有什么关系?销售成本实际上就是库存的减少量,如果一个公司刚开始本身的库存是有100万美金的产品,在今年的经营过程中采购了30万的新产品,最后今天结束的时候...
A company using the LIFO method reports the following in ￡:Cost of goods sold for 2018 under the FIFO method is closest to: A.￡48 B.530. C.￡49 D.080. E.￡52 F.520. 相关知识点: 试题来源: 解析 B B is correct. The adjusted COGS under the FIFO method is equal to COGS und...
FIFO，如果说你那个销售额指的是销售数量的话，那么最终的cost of goods sold为20*12+100*11+85*10+30*9=2460,那么剩余的货物成本为60*9=540 LIFO，cost of goods sold为90*9+85*10+60*11=2320,那么剩余的货物成本为40*11+20*12=680 ...
sale的purchase批次价格不同，因而后进先出和先进后出虽说goods sold数量相同，但明显cost of goods sold...
(Method of inventory valuation) by which the cost of goods sold is based on the most recent prices of raw materials. (库存盘点沽价)以最近原料价格订售价的。 青年旅行网英语在线翻译词典收录了86352条英语词汇在线翻译词条,基本涵盖了全部常用英语词汇的中英文双语翻译及用法,是英语学习的有利工具。
Cost of goods sold and ending inventory under three methods (FIFO,LIFO,Weighted average)uinv
解析 B FIFO COGS = LIFO COGS -change in LIFO reserve = 15000 - (4000 -2500) = 13500 结果一 题目 The following information has been gathered about a firm: LIFO inventory = 10000 Beginning LIFO reserve = 2500 Ending LIFO reserve = 4000 LIFO Cost of goods sold = 15000 LIFO net income ...
FIFO tracks the cost of items sold based on their original entry into inventory, providing a clearer picture of the actual cost of goods sold.Converting between LIFO and FIFO methods involves calculating the LIFO reserve. If a company using LIFO needs to switch to FIFO, the LIFO r...
This calculation yields the weighted average cost per unit—a figure that can then be used to assign a cost to both ending inventory and the cost of goods sold. While the weighted average method is a generally accepted accounting principle, this system doesn’t have the sophistication needed ...