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ddd [48]
3 years ago
10

Sandoval needs to determine its year-end inventory. the warehouse contains 20,000 units, of which 3,000 were damaged by flood an

d are not sellable. another 2,000 units were purchased from markor company, fob shipping point, and are currently in transit. the company also consigns goods and has 4,000 units at a consignee's location. how many units should sandoval include in its year-end inventory
Business
1 answer:
ratelena [41]3 years ago
6 0

Year end inventory is 19,000 units.

Take starting units - damaged/unsellable inventory - sold units + consignment units (which are still owned while on consignment)

20000 - 3000 - 2000= 15,000 units

15,000 + 4,000 units on consignment = 19,000 units

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2 years ago
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