Question






Complete the following table: (Enter all values as positive values.) Production NUMBER OF UNITS Sales Ending Inventory 425 10
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Answer #1

Answer:

Production Sales Ending Inventory Beginning Inventory
450 425 100 75
650 710 70 130
710 740 60 90
925 1275 95 445
780 785 165 170
785 775 270 260

Notes :

Ending Inventory = Beginning Inventory+ Production - Sales

1. 100 = 75+ Production - 425

Production =425+100-75

= 450

2. 70=130+650-Sales

Sales =130+650-70

= 710

3.  Ending Inventory = 90+710-740

= 60

4. 95=Beginning Inventory+925-1275

Beginning Inventory= 1275-925+95

=445

5. 165=170+780-Sales

Sales = 170+780-165

= 785

6. 270=Beginning Inventory+785-775

Beginning Inventory=270-785+775

= 260

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