객관식
Total manufacturing costs include direct materials, direct labor, plus:
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4. Merchandising Operations
Cost of Goods Sold - Perpetual Inventory vs. Periodic Inventory
객관식
A company uses the perpetual inventory system. At the end of the period, the following information is available: Beginning Inventory = \$5,000\(, Purchases = \)12,000\(, Ending Inventory = \)4,000$. What is the Cost of Goods Sold (COGS) for the period?
A
\$13,000$
B
\$17,000$
C
\$9,000$
D
\$21,000$
검증된 단계별 안내1
Step 1: Understand the formula for Cost of Goods Sold (COGS) under the perpetual inventory system. The formula is: \( \text{COGS} = \text{Beginning Inventory} + \text{Purchases} - \text{Ending Inventory} \).
Step 2: Identify the values provided in the problem: \( \text{Beginning Inventory} = \$5000 \), \( \text{Purchases} = \$12000 \), and \( \text{Ending Inventory} = \$4000 \).
Step 3: Substitute the values into the formula: \( \text{COGS} = \$5000 + \$12000 - \$4000 \).
Step 4: Perform the addition first: \( \$5000 + \$12000 \).
Step 5: Subtract \( \$4000 \) from the result of the addition to calculate the Cost of Goods Sold.
관련 영상
관련 실천
