Question: Company: Intel, NASDAQ: INTC Read the Notes to the Financial Statements (FS) for your SEC 10-K company. These notes are displayed after the financial statements.
Company: Intel, NASDAQ: INTC
Read the Notes to the Financial Statements (FS) for your SEC 10-K company. These "notes" are displayed after the financial statements. The notesare requiredsupplemental disclosures to a company's financial statements.
1. Inventory disclosures:
Are there any disclosures about raw materials, WIP inventory, Finished Goods inventory levels?
| (In Millions) | 25-Dec-21 | 26-Dec-20 | ||||||
| Raw materials | $ | 1,441 | $ | 908 | ||||
| Work in process | 6,656 | 5,693 | ||||||
| Finished goods | 2,679 | 1,826 | ||||||
| Total inventories | $ | 10,776 | $ | 8,427 |
How is inventory described for your SEC 10-K company? Relate your answer to topics in our course.
Report on any costing information such as inventory valuation methods--LIFO, FIFO, and/or average cost.
Comment on supplemental informationprovided related toinventory foryour SEC 10-K company.
2. Cost and sources for production materials: Notice how cost is used in the SEC 10-K.
3. Brieflyprovide an overall SWOT (strengths, weaknesses, opportunities and threats) analysis for your manufacturing corporation as related to cost accounting-related topics. Although details are high level in the SEC 10-K filing,what do you learn related tooperations and strategy?
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