Fixed production overhead: $500,000
Direct material and direct labor: 300,000
Storage costs incurred during production: 25,000
Abnormal waste costs: 30,000
If the company operated at full capacity during the year, the total capitalized inventory cost is closest to:
A.$800,000.
B.$825,000.
C.$855,000.
第1题
A company which prepares its financial statements using IFRS wrote down its inventory value by €20,000 in 2009.In 2010, prices increased and the same inventory was worth €30,000 more than its value at the end of 2009.Which of the following statements is most accurate? In 2010, the company’s cost of sales:
A.was unaffected.
B.decreased by €20,000.
C.decreased by €30,000.
第2题
Under U.s.GAAP, a LIFO liquidation occurs when the:
A.LIFO reserve value increases.
B.Firm changes from LIFO to FIFO
C.Quantity of goods sold is greater than the quantity produced.
第3题
An analyst has gathered the following information about a company’s capital assets:
As at the end of 2012, the expected remaining life of the assets, in years, is closest to:
A、6
B、17
C、20
第4题
Two companies are identical except for their accounting treatment of research and development costs、On e company expenses all such costs immediately, while the other company capitalizes a portion of the costs、Compared to the company that capitalizes costs, the company that expenses immediately will most likely:
A、earn a lower ROA
B、have a lower financial leverage、
C、report lower cash flow from operations in the statement of cash flows.
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