A fire on 30 September 20X2 destroyed some of a company's inventory and its inventory records. The following information is available: $ Inventory 1 September 20X2 318.000 Sales for September 20X2 612.000 Purchases for September 20X2 412.000 Inventory in good condition at 30 September 20X2 214.000 Standard gross profit percentage on sales is 25% Based on this information, what is the value of the inventory lost?
A、$96,000
B、$271,000
C、$26,400
D、$57,000
A、$96,000
B、$271,000
C、$26,400
D、$57,000
【参考答案及解析】
$ Opening inventory 318,000 Purchases 412,000 Closing inventory (214,000) 516,000 Notional cost of sales (612,000 x 75%) (459,000) Inventory lost 57,000
$ Opening inventory 318,000 Purchases 412,000 Closing inventory (214,000) 516,000 Notional cost of sales (612,000 x 75%) (459,000) Inventory lost 57,000