试题与答案

Baldwin, Inc. uses the last in, first out

题型:单项选择题

题目:

Baldwin, Inc. uses the last in, first out (LIFO) inventory cost flow assumption. Inventory transactions for beginning inventory and for furniture purchased and sold during 2007 were as follows:

A.

B.Units

C.Unit Cost

D.Total Cost

E.Beginning Inventory

F.100

G.$ 500

H.$ 50000

I.Purchases March 1, 2007

J.200

K.$ 550

L.$110000

M.Sales March 18, 2007

N.- 300

O.

P.

Q.Purchases August 30,2007

R.300

S.$ 600

T.$180000

答案:

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