14. The following information is about ABC Inc. during month of July: - Raw material purchases at cost of $4,000 - Transportation in cost at $300 - Import duties costing $400 - Purchases discount is $200 Direct manufacturing labor costs $2,000 - Indirect manufacturing overhead costs $500 - Storage cost $600 Compute the "cost of purchase inventory". (2 Points 4500 Based on previous information about ABC 13. Hamza Co. sells furniture products with same gross profit. If you know that the sale price for a unit is $2000 and the gross profit margin is %35 for a unit. Hamza Co. had the following information for the period: Total sales of $800,000 Beginning inventory $90,000 New Purchases $550.000 Required: Compute the ending inventory cost 12 Points) 120000 is one that is 16 likely to be settled within the normal operating cycle or 12 months after balance sheet date, held for trading purposes, or there is no unconditional right to defer settlement for at least 12 months after "balance sheet date **This is a definition of ) (1.5 ) Non-current liabilities Non-current assets Current assets Current liabilities position The amount at which an asset could be '.11 exchanged, or a liability settled, between knowledgeable, willing parties in an arm's- * length transaction". This is a definition of ( (1.5 ) .Net realizable value o Historical cost Fair value Estimated selling price ABC Inc is an hotel which were starting 12 its business since 2015 in Jordan and the following information related about year 11. "Profit or loss for the period" appears in: * (1.5 Points) Income statement & statement of changes in equity Income statement & statement of financial position Cash flow statement O Income statement. Statement of financial position Statement of changes in equity :Profit or loss for the period" appears in .10 (1.5 ) Income statement o Statement of changes in equity Income statement & statement of changes in equity Statement of financial position Cash flow statement income statement & statement of financial position