Question

Sandoval needs to determine its year-end inventory. the warehouse contains 33,000 units, of which 4,300 were damaged by flood and are not sellable. another 3,300 units were purchased from markor company, fob shipping point, and are currently in transit. the company also consigns goods and has 5,300 units at a consignee's location. how many units should sandoval include in its year-end inventory? 37,300 41,600 30,700 45,900 34,000

Answer 1

33,000 - 4,300 equals 28,700.
28,700 + 3,300 equals 32,000.
32,000 + 5,300 equals 37,300

37,300 units in year-end inventory