Solution_Inventory

Biaya yang bisa dikapitalisasi ke inventory untuk imported bicycles

Amount (In
No Items Rp000)
1 Cost of Purchase 400,000
3 Trade Discount on Purchase 8,000
5 Import Duties 40,000

7 Freight and insurance on 100,000

purchases

8 Other handling cost related to 25,000

imports

Brokerage commission
9 payable to indenting agents 30,000
for arranging imports

Total 603,000

Biaya yang bisa dikapitalisasi ke inventory untuk local bicycles

Amount (In
No Items Rp000)

1 Cost of raw material used in 300,000

production

2 Salaries of production 100,000

department

3 Depreciation of plant and

machines 75,000

5 Cost of maintaining canteen in 50,000

the factory

9 Factory supplies (auxiliary 25,000

material)
Total 550,000

Problem 3b

Unit Cost Selling Price

No Item Quantity

(in Rp000) (in Rp000)

 1 Raw material A (used to 200 200 200
produce Local Bicycles)

2 Raw material B (used to 400 150 160

produce Local Bicycles)
3 FG Local Bicycles 100 1,000 1,500
4 FG Imported Bicycles 50 2,300 2,500

2) Journal Entry
Dr Loss on Impairement of
inventory 2,500
Cr Allowance to reduce cost
to NRV 2,500

Problem 3
beg Inventory 100 2500 250000
Ending Inventory _FIFO
Q Unit Purchase Pric Total Value
From January 30 purchase 100 2750 275000
from Jan 10purchase 50 2600 130000
150 405000

Ending Inv weigthed averaga

Date Description Purchase
Quantity Purchase Price Total

1-Jan Beginning Inventory

10-Jan Purchases 150 2600 390000
15-Jan Sales -200 2560 -512000
30-Jan Purchases 100 2750 275000

FIFO Weighted average Dif

Ending Inventory Jan 31, 2015 405000 403,000 2,000
COGS for January 510000 512000 (2,000)
Estimated Cost to
complete and sell (in
Rp000) NRV LCNRV Catatan
 Tidak perlu di
turunkan karena
10 Final Productnya
(FG Local
Bicycles)
cost nya masih
lebih rendah dari
190 200 NRV
8
152 150 Cost
100 1400 1,000 Cost
250 2250 2250 NRV

COGS Ending Inventory

Quantity Unit cost Quantity Unit Cost Total

100 2500 250,000

250 2560 640,000
50 2560 128000
150 2,686.67 403,000