快速查題-ACCA英國(guó)注冊(cè)會(huì)計(jì)師試題

An organisation’s inventory at 1 July is 15 units at $3.00 each. The following movements occur:

3 July 20X4??????????????????????? ?5 units sold at $3.30 each

8 July 20X4??????????????????????? 10 units bought at $3.50 each

12 July 20X4?????????????????????? ?8 units sold at $4.00 each

What would be the closing inventory valuation at 31 July using the FIFO method of inventory valuation?

In times of rising prices, the valuation of inventory using the First In First Out method/ as opposed to the Weighted Average Cost method, will result in which ONE of the following combinations?

A company determines its order quantity for a component using the Economic Order Quantity (EOQ) model.

What would be the effects on the EOQ and the total annual ordering cost of an increase in the annual cost of holding one unit of the component in inventory?

A company uses the Economic Order Quantity (EOQ) model to establish reorder quantities. The following information relates to the forthcoming period:

Order costs = $25 per order Holding costs = 10% of purchase price Annual demand = 20,000 units Purchase price = $40 per unit EOQ = 500 units No safety inventory is held.

What are the total annual costs of inventory (i.e. the total purchase cost plus total order cost plus total holding cost)?

A large store selling office furniture stocks a popular chair for which the following information is available:

Annual demand:?????????????????? ?4,000 chairs

Maximum inventory:????????????? 75 chairs

Minimum inventory:???????????????20 chairs

Lead time:???????????????????????????? ?5 days

Re-order quantity：??????????? 100 chairs

What is the average inventory level?

What is the economic batch quantity used to establish?

A manufacturing company uses 25,000 components at an even rate during a year. Each order placed with the supplier of the components is for 2,000 components, which is the economic order quantity. The company holds a buffer inventory of 500 components. The annual cost of holding one component in inventory is $2.What is the total annual cost of holding inventory of the component?