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标题: [CFA模拟真题] 2006 CFA Level I -NO84 [打印本页]

作者: cfaedu    时间: 2006-11-22 10:59     标题: [CFA模拟真题] 每天一练:2006 CFA Level I -NO84

24Assume U.S. GAAP (generally accepted accounting principles) applies unless otherwise noted.

 

An analyst gathered the following information about a company for a fiscal year:

 

Quarter

Purchases in Units

Cost per Unit

Purchases in Dollars

1

200

$22

$4,400

2

300

$24

$7,200

3

300

$26

$7,800

4

200

$28

$5,600

Total

1000

 

$25,000

 

Sales for the fiscal year were 800 units.

Inventory remaining at the end of the fourth quarter was 600 units.

Inventory at the beginning of the first quarter was 400 units at $20 per unit.

Reported inventory at the end of the fourth quarter using LIFO and FIFO, respectively, would be closest to:

 

Reported inventory using LIFO

Reported inventory using FIFO

A

$12,400

$14,200

B

$12,400

$15,800

C

$14,200

$15,800

D

$15,800

$14,200

 

Select exactly 1 answers from the following: A. B. C. D.
答案和详解如下!
Feedback: Correct answer: B

The Analysis and Use of Financial Statements, 3rd edition, Gerald I. White, Ashwinpaul C. Sondhi, and Dov Fried (Wiley, 2003), pp. 194?95

2006 Modular Level I, Vol. II, pp. 752-753

Study Session 9-39-a

compute ending inventory balances and cost of goods sold using the LIFO, FIFO, and average cost methods to account for product inventory and explain the relationship among and the usefulness of inventory and cost-of-goods-sold data provided by the LIFO, FIFO, and average cost methods when prices are 1) stable or 2) changing

 

LIFO inventory: 400 units @ $20 + 200 units @ $22 = $12,400.

FIFO inventory: 200 units @ $28 + 300 units @ $26 + 100 units @ $24 = $15,800.


作者: kristinejb    时间: 2006-11-25 23:53

2
作者: zyx8318    时间: 2006-12-1 21:54

[em03]
作者: pippi    时间: 2007-2-7 19:34

[em01]
作者: nadia    时间: 2007-3-7 17:02

b
作者: oasising    时间: 2007-3-7 23:49

2
作者: 路西菲尔    时间: 2007-3-27 14:01

b


作者: x-stephon    时间: 2007-5-28 02:47

b
作者: caoli577    时间: 2007-5-28 09:13

b
作者: 小嘴金鱼    时间: 2007-5-28 11:27

b
作者: chengnan10    时间: 2007-6-1 17:51

b
作者: patrickwai    时间: 2007-6-1 20:37

b
作者: sophiajwli    时间: 2007-6-2 01:28

b


作者: pwmho    时间: 2008-1-5 22:00

TY


作者: 格子的天空    时间: 2008-1-6 07:53

B
作者: fionzheng    时间: 2008-4-16 11:19

d
作者: coolguy889    时间: 2008-5-16 22:20

b[em01]
作者: robinlu    时间: 2008-5-20 15:05

b
作者: Nelsonla    时间: 2008-5-25 21:54

b
作者: jsxhzzl    时间: 2008-5-30 00:06

b
作者: a8221963    时间: 2008-6-7 19:25     标题: b

b
作者: yingrid    时间: 2008-7-2 07:24

b
作者: tomcheng    时间: 2008-7-20 06:29

b
作者: reg168    时间: 2008-8-23 18:57

顶!支持一下!!

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作者: pisano    时间: 2008-9-2 22:22

thanks

thanks

thanks

thanks

thanks


作者: elliderek    时间: 2008-9-8 11:38

b




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