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acclimatise · 2025年06月26日

这道题有快速解决的方法吗?

NO.PZ2024030503000040

问题如下:

Question
During its first two years of operations, a retailer has found that the cost of the inventory was quite variable. The following table shows the company’s purchases and sales during the past two years.

In Year 2, the company’s inventory turnover ratio was 3.67, using end-of-period inventory and cost of goods sold (COGS). The method that the retailer is using to value its inventory is most likely:

选项:

A.first-in, first-out (FIFO). B.last-in, first-out (LIFO). C.weighted average cost.

解释:

Solution
  1. Incorrect. At the end of Year 1, 5,000 units will remain (0 + 80,000 – 75,000) at a unit cost of $10. All units in the following tables are in thousands.

    Under Weighted Average Cost Method

    Because the costs assigned to COGS and inventory are the same, only the units going to each need to be tracked.

    Under LIFO Method

    In Year 2, all of the most recent purchases at $8 will go to COGS.

    Inventory will consist of the 5 units remaining from Year 1 and the 10 units remaining from Year 2 purchases.

    Under FIFO Method

    In Year 2, 5 units of the remaining Year 1 inventory and 50 units of Year 2 purchases will go to COGS.

    Inventory will consist of the remaining 15 units from Year 2 purchases.

  2. Incorrect. At the end of Year 1, 5,000 units will remain (0 + 80,000 – 75,000) at a unit cost of $10. All units in the following tables are in thousands.

    Under Weighted Average Cost Method

    Because the costs assigned to COGS and inventory are the same, only the units going to each need to be tracked.

    Under LIFO Method

    In Year 2, all of the most recent purchases at $8 will go to COGS.

    Inventory will consist of the 5 units remaining from Year 1 and the 10 units remaining from Year 2 purchases.

    Under FIFO Method

    In Year 2, 5 units of the remaining Year 1 inventory and 50 units of Year 2 purchases will go to COGS.

    Inventory will consist of the remaining 15 units from Year 2 purchases.

  3. Correct. At the end of Year 1, 5,000 units will remain (0 + 80,000 – 75,000) at a unit cost of $10. All units in the following tables are in thousands.

    Under Weighted Average Cost Method

    Because the costs assigned to COGS and inventory are the same, only the units going to each need to be tracked.

    Under LIFO Method

    In Year 2, all of the most recent purchases at $8 will go to COGS.

    Inventory will consist of the 5 units remaining from Year 1 and the 10 units remaining from Year 2 purchases.

    Under FIFO Method

    In Year 2, 5 units of the remaining Year 1 inventory and 50 units of Year 2 purchases will go to COGS.

    Inventory will consist of the remaining 15 units from Year 2 purchases.

    Analysis of Inventories

    • calculate and explain how inflation and deflation of inventory costs affect the financial statements and ratios of companies that use different inventory valuation methods

这道题就是按照三种算法都分别算,看哪个cost of sales/ average inventory值相等吗?有没有更快的方法?

1 个答案

王园圆_品职助教 · 2025年06月26日

同学你好,就助教所知只有解析这一种方法可以,没有更快的方法了哦

不过这个题的计算量有点过大了,可能考试中即便要考察3种方法的计算,也不会这么复杂的,同学不用过于担心

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NO.PZ2024030503000040 问题如下 Questionring its first two years of operations, a retailer hfounththe cost of the inventory wquite variable. The following table shows the company’s purchases ansales ring the past two years. In Ye2, the company’s inventory turnover ratio w3.67, using enof-perioinventory ancost of goo sol(COGS). The methoththe retailer is using to value its inventory is most likely: A.first-in, first-out (FIFO). B.last-in, first-out (LIFO). C.weighteaverage cost. Solution Incorrect. the enof Ye1, 5,000 units will remain (0 + 80,000 – 75,000) a unit cost of $10. All units in the following tables are in thousan. Unr WeighteAverage Cost Metho Because the costs assigneto COGS aninventory are the same, only the units going to eaneeto tracke Unr LIFO Metho In Ye2, all of the most recent purchases $8 will go to COGS. Inventory will consist of the 5 units remaining from Ye1 anthe 10 units remaining from Ye2 purchases. Unr FIFO Metho In Ye2, 5 units of the remaining Ye1 inventory an50 units of Ye2 purchases will go to COGS. Inventory will consist of the remaining 15 units from Ye2 purchases. Incorrect. the enof Ye1, 5,000 units will remain (0 + 80,000 – 75,000) a unit cost of $10. All units in the following tables are in thousan. Unr WeighteAverage Cost Metho Because the costs assigneto COGS aninventory are the same, only the units going to eaneeto tracke Unr LIFO Metho In Ye2, all of the most recent purchases $8 will go to COGS. Inventory will consist of the 5 units remaining from Ye1 anthe 10 units remaining from Ye2 purchases. Unr FIFO Metho In Ye2, 5 units of the remaining Ye1 inventory an50 units of Ye2 purchases will go to COGS. Inventory will consist of the remaining 15 units from Ye2 purchases. Correct. the enof Ye1, 5,000 units will remain (0 + 80,000 – 75,000) a unit cost of $10. All units in the following tables are in thousan. Unr WeighteAverage Cost Metho Because the costs assigneto COGS aninventory are the same, only the units going to eaneeto tracke Unr LIFO Metho In Ye2, all of the most recent purchases $8 will go to COGS. Inventory will consist of the 5 units remaining from Ye1 anthe 10 units remaining from Ye2 purchases. Unr FIFO Metho In Ye2, 5 units of the remaining Ye1 inventory an50 units of Ye2 purchases will go to COGS. Inventory will consist of the remaining 15 units from Ye2 purchases. Analysis of Inventories • calculate anexplain how inflation anflation of inventory costs affethe financistatements anratios of companies thuse fferent inventory valuation metho Unr WeighteAverage Cost Method

2025-04-02 10:38 1 · 回答