原文題求解 - 會計

不知道你得到解了沒

如果知道答案，麻煩correct我 :)

※ 引述《halaist (aby←)》之銘言：
: Phillips Supply uses a periodic inventory system but needs to determine the
: approximate amount of inventory at the end of each month without taking a
: physical inventory. Phillips has provided the following inventory data:
: Cost Price Retail Selling Price
: Inventory of merchandise, June 30 $297,000 $494,000
: Purchases during July 220,000 403,000
: Goods available for sale during July $517,000 $897,000
: Net sales during July $250,000
^^^^^^^^
這應該是Retail Selling Price

: 1. Estimate the cost of goods sold and the cost of the July 31 ending
: inventory using the retail method of evaluation.
: 2. Was the cost of Phillips inventory, as a percentage of retail selling
: prices, higher or lower in July than it was in June?
: (Round cost ratio to 2 decimal places and final answers to the nearest dollar
: amount. Round percentage values to 2 decimal places. Omit the "$" and "%"
: signs in your response.)
: a. Cost ratio during July_
: Estimated cost of goods sold_
: Estimated ending inventory (at cost):
: Cost of goods available for sale during July_
: Less: Estimated cost of goods sold (above)_
: Estimated ending inventory_
: b.It appears that the cost of Phillips' inventory as a percentage
: of retail sales in July is lower than it was in June.
: At June 30, the percentage was_% During July, however, the percentage
: was only_% based upon Phillips' purchases.
: 抱歉有點長
: 卡在part B
: 謝謝


Cost Price Retail Selling Price
Inventory of merchandise, June 30 $297,000 $494,000
Purchases during July 220,000 403,000
__________ ____________
Goods available for sale during July $517,000 $897,000

$517,000 / $897,000 = 57.64% (July)

Net sales during July (250,000)
____________
Inventory of merchandise, July 30 $647,000

Ending Inventory at Cost: $647,000 x 57.64% = $372,931

Cost of Goods Sold: $517,000 - $372,931 = $144,069

而你卡在的B

因為這是Retail Method，所以六月的percentage = $297,000 / $494,000 = 60.12%

所以六月的％比七月的高。

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