Question

Fill in the missing items for the following inventories: A B C Beginning balance $51,700 $27,400...

Fill in the missing items for the following inventories:

A B C
Beginning balance $51,700 $27,400 $65,300
Ending balance 46,500 25,000 57,100
Transferred in 49,800
Transferred out 92,100 169,200
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Answer #1
A B C
Beginning balance $       51,700 $       27,400 $           65,300
Ending Balance $       46,500 $       25,000 $           57,100
Transferred In $       49,800 $       89,700 $       1,61,000
Transferred Out $       55,000 $       92,100 $       1,69,200
Workings:
Ending Balance = Beginning balance + Transferred In - Transferred Out
A
46500 = 51700 + 49800 - Transferred Out
Transferred Out = $       55,000
B
25000 = 27400 + Transferred In - 92100
Transferred In = $       89,700
C
57100 = 65300 + Transferred In - 169200
Transferred In = $   1,61,000
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