QUESTION 40 ABC Analysis By Current Inventory Value - Answer the multiple choice questions based on the table below. Item Item Cost ($) Current Current Percent of Total Number Inventory Inventory Value X (Units)= ($) Classification by Total Inventory Value ($) Inventory Value A110 12.00 150 14 B220 25.00 20 500 4 C330 2.25 2,300 5,175 D440 .75 800 600 5 E550 8.50 300 20 F660 .40 5,300 2,120 17 Total What is the total current inventory value in dollars of all item numbers? a. $13,745 Ob. $12,745 c. $11,745 Od. $10,745

QUESTION 40 ABC Analysis By Current Inventory Value - Answer the multiple choice questions based on the table below. Item Item Cost ($) Current Current Percent of Total Number Inventory Inventory Value X (Units)= ($) Classification by Total Inventory Value ($) Inventory Value A110 12.00 150 14 B220 25.00 20 500 4 C330 2.25 2,300 5,175 D440 .75 800 600 5 E550 8.50 300 20 F660 .40 5,300 2,120 17 Total What is the total current inventory value in dollars of all item numbers? a. $13,745 Ob. $12,745 c. $11,745 Od. $10,745

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter8: Inventories: Special Valuation Issues

Section: Chapter Questions

Problem 3E: Inventory Write-Down Byron Company has five products in its inventory and uses the FIFO cost flow...

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le Three Assignment - ACC X * CengageNOWv2 | Online teachin x m/ilm/takeAssignment/takeAssignmentMain.do?invoker%=&takeAssignmentSessionLocator=&inprogre... 向 n eBook Show Me How Lower-of-Cost-or-Market Method On the basis of the following data, determine the value of the inventory at the lower-of-cost-or-market by applying lower-of-cost-or-market to each inventory item, as shown in Exhibit 10. Market Value per Unit Item Inventory Quantity Cost per Unit (Net Realizable Value) JFW1 68 $24 $28 SAW9 141 12 10 Previous Next Check My Work 6:37 AM 45°F 11/13/2021 4- 9144 brt sc delete PA
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