Business Ebook John Wiley Sons Inventory Accounting 2 pdf
Business Ebook John Wiley Sons Inventory Accounting_2 pdf
... adapted from Chapter 40 of Bragg, Cost Accounting, John
Wiley & Sons, 20 01.
c04_4353.qxd 11 /29 /04 9 :21 AM Page 51
35
3
Inventory Control Systems
3-1 Introduction
Inventory is a difficult asset to ... extra inventory requisitions or ware-
house returns probably represent errors in the bills.
40 / Inventory Accounting
c03_4353.qxd 11 /29 /04 9 :20 AM Page 40
c 02_ 4353....
Business Ebook John Wiley Sons Inventory Accounting_3 potx
... Bragg,
Inventory Best Practices, John Wiley & Sons, 20 04. The forms and reports in this chapter
are adapted with permission from Chapter 4 of Bragg, GAAP Implementation Guide, John
Wiley & Sons, ... lead time, so that management can
investigate the problem.
72 / Inventory Accounting
c05_4353.qxd 11 /29 /04 9 :21 AM Page 72
Altering the inventory valuation method...
Business Ebook John Wiley Sons Inventory Accounting_5 pot
... 4,000 1 ,20 0 1,740 86,940
——–––– ——––– ——––– ——––– ——–––––
Subtotal 24 0,000 15,000 4 ,20 0 5,140 26 4,340
2nd quarter 27 0,000 12, 000 3,600 5 ,20 0 29 0,800
3rd quarter 24 0,000 15,000 2, 400 4,460 26 1,860
4th ... 4 25 0,580
327 ,000
25 0,800
314,600
8 92, 400
880,300
26 2,680
——–––– ——––––– ——–––––
——––––– ——––––– ——–––––
——–––
Grand Total
$26 4,800 $1,487,000 $1,1 42, 540
$1...
Business Ebook John Wiley Sons Inventory Accounting_6 ppt
... $10.00
06/04/03
1,000
$9.58
350
700
650
$6 ,22 7
$6, 727
$9.61
07/11/03
25 0
$10.65
400
550
–150
$0
$5 ,28 6
$9.61
08/01/03
475
$10 .25
350
675
125
$1 ,28 1
$6,567
$9.73
08/30/03
375
$10.40
400
650
25
$0
$6, 324
$9.73
09/09/03
850
$9.50
700
800
150
$1, 425
$7,749
$9.69
12/ 12/ 03
700
$9.75
900
600
20 0
$0
$5,811
$9.69
02/ 08/04
650
$9.85
800
450
–150
$0
$4,359
$9.69
05/07/04
20 0...
Business Ebook John Wiley Sons Inventory Accounting_7 pptx
... 148 24 0 120 1, 020
Subwoofer 3 421 D- 12- A 29 3 14 0 24 , 724
Circuit board 3600 B-01-A 500 5,090 1,580 2, 500
Speaker, bass 428 0 C-10-C 621 2, 480 578 49 ,20 0
Speaker bracket 5391 C-10-C 14 0 0 92
Wall ... B-03-B 400 0 120 2, 800
Gold connection 623 3 C-04-A 3, 025 8,0 42 5,900 9, 725
Tweeter 75 52 C-05-B 725 6,740 2, 040 5,630
c11_4353.qxd 11 /29 /04 9 :28 AM Page 151
Debit...
Business Ebook John Wiley Sons Inventory Accounting_8 potx
... great deal of preparation.
180 / Inventory Accounting
Exhibit 14-1 Inventory Tag
Tag: 20 24
Part No. ______ Unit ___
Description __________
Quantity ____________
20 24
Part No. _____________ Date ... that information.
Counting Inventory / 179
2
Adapted with permission from pp. 56–57 of Bragg, GAAP Implementation Guide, John
Wiley & Sons, 20 04.
c14_4353.qxd 11 /29 /0...
Business Ebook John Wiley Sons Inventory Accounting_9 potx
... Chapter 28 of Bragg, 20 04 Controllership Supplement,
John Wiley & Sons, 20 04.
c15_4353.qxd 11 /29 /04 9:30 AM Page 193
15-8 Inventory Quantity Management
There are many ways to reduce inventory ... quantities
of inventory in order to meet stretch bonus goals. This can be a problem if there is
20 2 / Inventory Accounting
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6. Ca...
Business Ebook John Wiley Sons Inventory Accounting_10 potx
... 13.58 $ 41. 02 $ 27 .79 $ – $ 82. 39 51%
Variable Cost
Division-Specific $ 22 .58 $ 10.05 $ 34.53 $ 12. 71 $ 79.87 49%
Fixed Cost
Total Division- $ 36.16 $ 51.07 $ 62. 32 $ 12. 71 $ 1 62. 26 100%
Specific ... $ 2. 10 $ 2. 75
Sale Price $ 3.15 $ 8.15 $ 15.75 $ 25 .00
Outside Selling Price $ 22 .00
Profit for Division 4 $ (0 .25 )
Division
1
Division
2
Division
3
Marketing
Div...
Business Ebook John Wiley Sons Inventory Accounting_11 potx
... 20 0 20 2
Cost, 76–77
From stock, 40
Time, average, 75–76
To light, 12 13, 20 2
Voice, 12, 20 2
Policies
Inventory counting, 175–176
Lower of cost or market, 125
Zero-cost, 44
Pricing, 147–148, 20 9 23 1
24 2 ... 44
Pricing, 147–148, 20 9 23 1
24 2 / Index
rm 02_ 4353.qxd 11 /29 /04 9:33 AM Page 24 2
23 3
APPENDIX A
Dictionary of
Inventory Terms
1
ABC inventory classification....
john wiley & sons - interpretation and application of international accounting standards 2003
... obligations;
1.
2.
3.
Wiley IAS 20 03: Interpretation and Application of
International Accounting Standards
by Barry J. Epstein and Abbas Ali
Mirza
ISBN:047 122 7366
John Wiley & Sons
© 20 03
(9 52 pages)
This ... plant and
2.
Wiley IAS 20 03: Interpretation and Application of
International Accounting Standards
by Barry J. Epstein and Abbas Ali
Mirza
ISBN:047 122...