Problem 1:: Bianca Regina Lizardo Mr. Tadiwan BS Accountancy
Problem 1:: Bianca Regina Lizardo Mr. Tadiwan BS Accountancy
Problem 1:: Bianca Regina Lizardo Mr. Tadiwan BS Accountancy
Tadiwan
BS Accountancy
Chapter 4
Problem 1:
1. F – lower of cost and
2. F – may not equal
3. T
4. F – added > deducted
5. T
6. T
7. F – may > shall not
8. T
9. F - not
10. T
Problem 2:
1. D
2. A
3. C
4. D
5. C
6. A
7. D
8. D
9. A
10. A
Problem 3:
1. C
2. A
3. C
TGAS in pesos
Weighted average unit cost =
TGAS in units
5. D