Question

Sandoval needs to determine its year-end inventory. The warehouse contains 26,000 units, of which 3,600 were damaged by flood and are not sellable. Another 2,600 units were purchased from Markor Company, FOB shipping point, and are currently in transit. The company also consigns goods and has 4,600 units at a consignee's location. How many units should Sandoval include in its year-end inventory?
a. 29,000.
b. 21,000.
c. 23,000.
d. 19,000.
e. 26,000.

Answer 1

Answer:

the  number of units that should Sandoval include in its year-end inventory is 29,600 units

Explanation:

The computation of the number of units that should Sandoval include in its year-end inventory is given below:

= Opening units + units purchased + units at consignee location - units damaged

= 26,000 + 2,600 + 4,600 - 3,600

= 29,600

Hence, the  number of units that should Sandoval include in its year-end inventory is 29,600 units

This is the answer but the same is not provided in the given options