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24.11.2020 14:50
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Samuelson will produce 20,000 units in january using level production. if each unit
Samuelson will produce 20,000 units in january using level production. if each unit costs $500 to manufacture, what is the dollar value of ending inventory in january if beginning inventory is 10,000 units and january sales are 15,000?
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minnie7760
4,9(2 marks)
The dollar value of ending inventory is $7.500.000
Explanation:
To calculate the dollar value of ending inventory you need to use the next formula:
End inventory= (Beginning inventory + production - sales).$
In this case:
- Beginning inventory: 10.000 units
- January Production: 20.000 units
- Sales: 15.000 units
End inventory= 10000+20000-15000
End inventory= 15.000 units
Dollar value= 150000 . $500= $7.500.000
zuberskylar
4,6(48 marks)
Explanation:
Thank you very much
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