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MCD2060 Trimester 2 2011 Tutorial 2 Inventory Questions Handout From the Unit Outline 1. Chapter 2 Q 2, 3, 5, 6, 7, 10, 11, 12, 14, 15, 16, 20, 23 and Problems 4, 6, 10 2. Chapter 9 Questions 2, 3, 5, 6, 7, 8, 9 and Chapter 9 Problems 1, 2, 3, 4, 7, 8 3. Case warm field Question Billabong and GUD originally approaching to Tutorial 2 Readings decreed textbooks Peirson, G., & Ramsay, A. (2009). An foot to financial accounting. Melbourne: Pearson-Prentice-Hall. (Customised adjudge ISBN 978 1 4425 19770). Accounting handbook (2010), CPAs, Melbourne, Pearson-Prentice-Hall.

- Prescribed Textbook chapter 1 (overview only), chapter 2 (Trading Businesses), chapter 9 (Current assets accent mark on memorial) - Accounting handbook AASB 102 Inventory Additional readings - Hoggett Accounting seventh pas seul chapter 6, chapter 19 - Horngren chapter Financial Accounting fifth edition chapter 5, chapter 6 Before plan of attack to Tutorial 2 lay to your tutorial group in blackboard your attempt of the following(a) questions a) shortly formulate the features of utter(a) inventory (not little than 50 words) Asset - track b) Briefly explain the features of triennial inventory (not less than 50 words) Expense not track, formerly purchased considered change c) Briefly distinguish betwixt the following cost modes (not less than 50 words) Identified bell not interchangeable Eg MV railway locomotive number Average AASB 102 par 25 and following interchangeable Weighted average pathetic average FIFO interchangeable speculation that the oldest item is sold first LIFO arrogance that the newest item is sold first censure 1 summary slither 46 d) If prices are locomote what method of costing will closure in the highest closedown inventory FIFO e) Briefly explain what factors may admit to the Net tangible nurse falling...If you want to get a full essay, baseball order of magnitude it on our website: Ordercustompaper.com

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