文档介绍：Intermediate Accounting
Eleventh Edition
Chapter 8
Valuation of Inventories: A Cost Basis Approach
Donald E. Kieso
Jerry J. Weygandt
Terry D. Warfield
Intermediate Accounting
by:
Donald E. Kieso, ., .
KPMG Peat Marwick Emeritus Professor of Accounting Northern Illinois University DeKalb,
Illinois
Jerry J. Weygandt, ., .
Arthur Andersen Alumni Professor of Accounting University of Wisconsin Madison,
Wisconsin
Terry D. Warfield, .
Associate Professor University of Wisconsin Madison, Wisconsin
Copyright © 2004 John Wiley & Sons, Inc. All rights reserved.
John Wiley & Sons, Inc.
111 River St., 6th Floor, Hoboken, NJ 07030
0471072087
ii
Intermediate Accounting
Table of Contents
Table of Contents
INVENTORY CLASSIFICATION AND CONTROL................................................................ 3
Classification
3
Control
5
BASIC ISSUES IN INVENTORY VALUATION........................................................................ 9
PHYSICAL GOODS INCLUDED IN INVENTORY............................................................... 10
Goods in Transit......................................................................................................................... 10
Consigned Goods....................................................................................................................... 11
Special Sales Agreements.......................................................................................................... 11
Effect of Inventory Errors......................................................................................................... 13
COSTS INCLUDED IN INVENTORY....................................................................................... 17
Product Costs.............................................................................................................................. 17
Period Costs
17
Treatment of Purchase