1.【答案】A。
解析：IAS 2 emphasises that production overheads must be allocated to items of inventory on the basis of the normal capacity of the production facilities. Although trade discounts should be deducted, selling costs must not be included in the cost of inventories. IAS 2 does not allow the use of LIFO. Production overheads are part of the costs of conversion of finished goods, and so do form part of the valuation.
知识点：Inventories
2.【答案】B。
解析：
Original inventory valuation 44,375$
Cost of damaged items (1,050)$
NRV of damaged items (1,300 - 360) 940$
Correct valuation of inventory 44,265$
知识点：Valuing inventories
