NO.PZ2016012102000107
问题如下:
Goodluck Company sells running shoes.
Under US GAAP, company should record cost of shoes is :
选项:
A.$38.
B.$40.
C.$45.
解释:
B is correct.
NRV=selling price-selling cost=45-5=40
because replacement cost($50) is greater than NRV ($40), so market = NRV= $40
choose lower cost (cost,market)=$40 to be recorded in company's balance.
考点:存货减值判断
USGAAP下,期末存货减值测试,采用成本与市场价孰低(lower of cost of market)法判断。
Market value:market ceiling(NRV),price floor(NRV-profit),replacement的中间价格。
本题NRV = 销售价格 - 销售成本 = 45 - 5=40
price floor = 40 - 40*10% = 36
replance = 50
所以market value = 40。
期末存货余额 = 41 > market value, 所以期末存货 = market value = 40
期末存货余额 = 41 > market value, 所以期末存货 = market value = 40
上面这个什么意思?不懂。
而且original costs不是原始最初么?为什么这里译为期末存货余额