会计学原理（英）章节测试课后答案2024春

第六章测试

1.Goods in transit are included in a purchaser's inventory:（ ）
A:When the purchaser is responsible for paying freight charges. B:After the half-way point between the buyer and seller. C:When the supplier is responsible for freight charges. D:At any time during transit.
答案:A
2.Costs included in the Merchandise Inventory account can include all of the following except:（ ）
A:Invoice price minus any discount. B:Storage. C:Damaged inventory that cannot be sold. D:Insurance. 3.Monarch Company uses a weighted-average perpetual inventory system and has the following purchases and sales:January 1 20 units were purchased at $10 per unit.January 12 12 units were sold.January 20 18 units were purchased at $11 per unit.What is the value of cost of goods sold? （ ）
A:$272. B:$126. C:$278. D:$120. 4.A company sells garden hoses and uses the perpetual inventory system to account for its merchandise. The beginning balance of the inventory and its transactions during September were as follows:September 1: Beginning balance of 18 units at $13 each September 12: Purchased 30 units at $14 each September 19: Sold 24 units at $30 selling price each September 20: Purchased 24 units at $17 each September 27: Sold 27 units at $30 selling price eachIf the ending inventory is reported at $276, what inventory method was used?（ ）
A:Retail inventory method. B:Specific identification method. C:LIFO method. D:Weighted average method. 5.A company has the following per unit original costs and replacement costs for its inventory. LCM is applied to individual items.Part A: 50 units with a cost of $5, and replacement cost of $4.50 Part B: 75 units with a cost of $6, and replacement cost of $6.50 Part C: 160 units with a cost of $3, and replacement cost of $2.50Under the lower of cost or market method, the total value of this company's ending inventory is:（ ）
A:$1,075.00. B:$1,112.50. C:$1,217.50. D:$1,180.00.