Question

Sandoval needs to determine its year-end inventory. The warehouse contains 36,000 units, of which 4,600 were damaged by flood and are not sellable. Another 3,600 units were purchased from Markor Company, FOB shipping point, and are currently in transit. The company also consigns goods and has 5,600 units at a consignee's location. How many units should Sandoval include in its year-end inventory?

Answer 1

Answer:

40,600 units sound be included in its end of year interest

Explanation:

In this question, we are asked to calculate the number of units that should be included in its end of year inventory

Particulars units

In stock 36,000

Less;

Damaged 4,600

31,400

Add

stock in transit. 3,600

Stock available with

with consignee. 5,600

Closing inventory. 40,600