Question

The Daily Grind sells coffee makers. Its inventory of coffee makers without timers cost $20,000 and is now valued at $10,000. Its inventory of coffee makers with timers cost $35,000 and is valued at $35,000. What is the value of the Daily Grind's inventory assuming it has 5 units of each type of coffee maker?

Answer 1

Daily grinds inventory value = coffee maker with timer value x n units + coffee maker without timer in x  n units

where:
coffee maker with timer value = $35000 
coffee maker without timer = $10000 
n= 5 units each

Daily grinds coffee maker inventory value = ($35000 x 5)+( $10000 x 5)
                                                                   = $225000