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acclimatise · 2025年06月26日

为什么都用期末inventory计算了，不用average inventory？

  1. CFA I
  2. FRA

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

inventory不是资产负债表上的字，都要用平均1/2*（期初+期末）吗？应该用第一年剩下的剩下的50k的和第二年剩下的做平均啊

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1 个答案

王园圆_品职助教 · 2025年06月26日

同学你好，因为这是题干明确要求的——“using end-of-period inventory and cost of goods sold (COGS). ”

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2025-06-26 18:10 1 · 回答

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