题目内容

Awidelyusedmethodforestimatingthevalueofendinginventoryisthe:

A. periodicmethod.
B. perpetualmethod.
C. lower-of-cost-or-marketmethod.
D. grossprofitmethod.

查看答案
更多问题

Juice Company reported the following:Based on this information, the purchases for the next period should be:

A. $234,000.
B. $376,000.
C. $384,000.
D. $526,000.

Olive Oil Company has the following information:Beginning inventory$170,000Net sales$800,000Net purchases$430,000Gross profit rate 45%Olive Oil's estimated ending inventory is:

A. $160,000.
B. $200,000.
C. $240,000.
D. $360,000.

Blue Moon Company has the following data for the year:What is the estimated ending inventory?

A. $65,000
B. $80,000
C. $85,000
D. $105,000

The following data are for Tina's Candy Store for January:What is the company's estimated cost of goods sold for the month?

A. $165,000
B. $176,000
C. $225,000
D. $264,000

答案查题题库