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disregard Als industries, Incs accounting polky for inventories is as follows 1. INVENTORY VALUATION Inventories are stated at the lower of cost ornaret. For a
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Als industries, Incs accounting polky for inventories is as follows 1. INVENTORY VALUATION Inventories are stated at the lower of cost ornaret. For a portion of the Company's inventory.cost is determined using the last in first-out Uromethod. For approximately 36% and 47% of the Company's inventories at September 30, 2013 and 2012, sectively, the UFO method is used to Value the Company's inventories. The first stout method is used to value the remainder of the Company's inventories. LFO reserve was 56.522 and 58.257 in fiscal 2013 and 2012. respectively Below is a footnoto extracted from the 2013 10-King in thousands 2 Ime cand 3. Coalitainty Ahordata New 11 12 UN an Answer the following questions as of September 30, 2013. DOO 1.6 points What is the reported book van toeported by Also the balance sheet? 2.5 points What is the book covertorys he had sed FDP 2.6 What is the cost of goods the firme 43 per tax of 35.2011 What we had no UFO th how much 5. po Ame Als des fonder die Als industries, Incs accounting policy for inventories is as follows 1. INVENTORY VALUATION Inventories are stated at the lower of cost or market. For a portion of the Company's inventory.cost is determined using the last in first-out curomethod. For approximately 36% and 47% of the Company's inventories at September 30, 2013 and 2012. oectively, the UFO method is used to value the Company's inventories. The cast out. Omethod is used to value the remainder of the Company's inventories. UFO reene was 56522 and 58.287 in fiscal 2013 and 2012. respectively Below is a footnote extracted from the 2013 10- King in thousands 2 Ime 3. Cartillaini lan ( Amandata Yande New 1.1 LON 4 33 Answer the following questions of September 30, 2013. Deco 1.6 points What is the reported book contoreported by Aloe balance sheet 2.5 points What is the book of inventory leased O2 2.5 points What is the cost of goods the fim de 4.15 petate of Art 2013 to what it would have they had not UFO conosco 5.5 points Am Als des found UFORTO Als industries, Incs accounting polky for inventories is as follows 1. INVENTORY VALUATION Inventories are stated at the lower of cost ornaret. For a portion of the Company's inventory.cost is determined using the last in first-out Uromethod. For approximately 36% and 47% of the Company's inventories at September 30, 2013 and 2012, sectively, the UFO method is used to Value the Company's inventories. The first stout method is used to value the remainder of the Company's inventories. LFO reserve was 56.522 and 58.257 in fiscal 2013 and 2012. respectively Below is a footnoto extracted from the 2013 10-King in thousands 2 Ime cand 3. Coalitainty Ahordata New 11 12 UN an Answer the following questions as of September 30, 2013. DOO 1.6 points What is the reported book van toeported by Also the balance sheet? 2.5 points What is the book covertorys he had sed FDP 2.6 What is the cost of goods the firme 43 per tax of 35.2011 What we had no UFO th how much 5. po Ame Als des fonder die Als industries, Incs accounting policy for inventories is as follows 1. INVENTORY VALUATION Inventories are stated at the lower of cost or market. For a portion of the Company's inventory.cost is determined using the last in first-out curomethod. For approximately 36% and 47% of the Company's inventories at September 30, 2013 and 2012. oectively, the UFO method is used to value the Company's inventories. The cast out. Omethod is used to value the remainder of the Company's inventories. UFO reene was 56522 and 58.287 in fiscal 2013 and 2012. respectively Below is a footnote extracted from the 2013 10- King in thousands 2 Ime 3. Cartillaini lan ( Amandata Yande New 1.1 LON 4 33 Answer the following questions of September 30, 2013. Deco 1.6 points What is the reported book contoreported by Aloe balance sheet 2.5 points What is the book of inventory leased O2 2.5 points What is the cost of goods the fim de 4.15 petate of Art 2013 to what it would have they had not UFO conosco 5.5 points Am Als des found UFORTO Step by Step Solution
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