A: transportation in
B: insurance
C: invoice cost
D: storage
举一反三
- ___________ is the average number of times the inventory is sold per year. A: a. Inventory storage B: b. Cost of goods sold C: c. Cost of goods available for sale D: d. Inventory turnover
- Which of the following transportation methods has the lowest cost in long-distance transportation? A: Railway transportation B: Maritime transportation C: Air transportation D: Road transportation
- What is the base of selling price A: the cost of production B: a percentage of total cost C: the cost of transportation D: the cost of storage.
- Whenever direct material, direct labor, and manufacturing overhead are recorded on a job cost record, an associated journal entry is made to debit which of the following accounts? （ ） A: Sales Revenue B: Finished Goods Inventory C: Cost of Goods Sold D: Work in Process Inventory
- Merchandise inventory:（ ）。 A: neither is the cost of inventory that has been sold or is an expense on the income statement B: both is the cost of inventory that has been sold and is an expense on the income statement C: is an expense on the income statement D: is the cost of inventory that has been sold
内容
- 0
Which of the following is the correct formula for cost of sales? A: Opening inventory – purchases + closing inventory B: Purchases – closing inventory + sales C: Opening inventory + closing inventory – purchases D: Opening inventory – closing inventory + purchases
- 1
Which of the following is an example of an opportunity cost?
- 2
The costs such packing cost, labeling cost, marking cost, ocean freight, marine insurance, inspection fees, loading and unloading cost, agent’s commission, etc., can be regarded as ______ costs in international trade, which are necessary but can lead to the ______ costs of exporting and importing.
- 3
Which of the following is not a functional budget？（ ） A: Distribution cost budget B: Production budget C: Selling cost budget D: Cash budget
- 4
Given the following data, calculate the cost of ending inventory using the LIFO costing method._