4 Which of the following inventory costing methods is based on the L Which of the Sollowing es th the bines shold the ae ccoding tod d to period actual cost of each particular unit of inventory? Ouetion 1 ani Question 4 options A) ddo priciple A) in fine-o aity oopt e ti 9 oismcy principle of v 2 Wh of the owing is Ounion 2 pi 5 A company that uses the perpetual inventory system purchased 500 palets of industrial soap for $12,000 and paid $770 for the freight-in The company sold the whole lot to a supermarket chain for $13.000 on account. The company uses the specific-identification method of A)ng the e d o pd to priod ... porting iry the lwr of rme inventory costing. Which of the following entries corectly records the cost of goods sold? Question 5 options mporting l eleve the fcial A) Machand Ivry Cot o Gd Sld 12.770 bping only the 17.720 3, The disclosure principle states that a company should disclose all Mehend mry major accoumting methods and rocedures in the 12,000 sin Re 12.000 Question 3 options A) bulane he Mmbed ry w 6 which of the following inventory costing methods uses the cost of the oldest purchases to calculane the cost of goods sold? Question &eptions D e f l A) Focu English (United States MacBook Air 44 % 7 4 U Y E T K G H D B V *CO o N 5 Q-Search in Doe Documentt Design Mailings Review View References Layout One Page wree Pages anines Spit Switchs Macrosa Zpom Zoom Arange Focus Leaming Toom Navigon Pane Page Width to 100% Windows A) in f we oe 9igd Question 7 (1 point) acife idmfiio Question 10 (1 point) when a company uses the last-in, rt-out O)method, the cost of goods sold correlates to the most recently purchased goods, and the ending inventery correlates se the oldest goods in stock Question 7 options which of the following inventory costing methods yields the highest net income during a period of rising invensory costs? Question 10 options The A) Question 8 (1 point) gd Which of the following inventory costing methods requires the caloletion of a new average cest aer each purchaseh Question& options A) d Question 11 (1 point) efree which of the following inemery costing methods results in the lowest walue of ending inventory dung a peried of sing inentory costs aupstin 11 options A) ei fre Question 9 (1 point) costing metheds yields the highe Which of the foowing i cost of goods sold dung eed of ng invery cossh Qustion otions C foos Engist nte 2words MacBook Air $ % & 7 3 4 5 6 V P U T E R n 4 Which of the following inventory costing methods is based on the L Which of the Sollowing es th the bines shold the ae ccoding tod d to period actual cost of each particular unit of inventory? Ouetion 1 ani Question 4 options A) ddo priciple A) in fine-o aity oopt e ti 9 oismcy principle of v 2 Wh of the owing is Ounion 2 pi 5 A company that uses the perpetual inventory system purchased 500 palets of industrial soap for $12,000 and paid $770 for the freight-in The company sold the whole lot to a supermarket chain for $13.000 on account. The company uses the specific-identification method of A)ng the e d o pd to priod ... porting iry the lwr of rme inventory costing. Which of the following entries corectly records the cost of goods sold? Question 5 options mporting l eleve the fcial A) Machand Ivry Cot o Gd Sld 12.770 bping only the 17.720 3, The disclosure principle states that a company should disclose all Mehend mry major accoumting methods and rocedures in the 12,000 sin Re 12.000 Question 3 options A) bulane he Mmbed ry w 6 which of the following inventory costing methods uses the cost of the oldest purchases to calculane the cost of goods sold? Question &eptions D e f l A) Focu English (United States MacBook Air 44 % 7 4 U Y E T K G H D B V *CO o N 5 Q-Search in Doe Documentt Design Mailings Review View References Layout One Page wree Pages anines Spit Switchs Macrosa Zpom Zoom Arange Focus Leaming Toom Navigon Pane Page Width to 100% Windows A) in f we oe 9igd Question 7 (1 point) acife idmfiio Question 10 (1 point) when a company uses the last-in, rt-out O)method, the cost of goods sold correlates to the most recently purchased goods, and the ending inventery correlates se the oldest goods in stock Question 7 options which of the following inventory costing methods yields the highest net income during a period of rising invensory costs? Question 10 options The A) Question 8 (1 point) gd Which of the following inventory costing methods requires the caloletion of a new average cest aer each purchaseh Question& options A) d Question 11 (1 point) efree which of the following inemery costing methods results in the lowest walue of ending inventory dung a peried of sing inentory costs aupstin 11 options A) ei fre Question 9 (1 point) costing metheds yields the highe Which of the foowing i cost of goods sold dung eed of ng invery cossh Qustion otions C foos Engist nte 2words MacBook Air $ % & 7 3 4 5 6 V P U T E R n