Find the Missing Values in Each of the Following Independent

question 100

Essay

Find the missing values in each of the following independent scenarios: $\begin{array}{lrrrr}&1&2&3&4\\\text { Beginning inventory } & \$ 12,500 & & \$ 225,000 & \$ 187,500 \\\text { Purchases } & 232,000 & 75,000 & & 762,500 \\\text { Ending inventory } & 11,750 & 6,400 & 212,500 & \\\text { Cost of goods sold } & & 75,800 & 940,000 & 757,500 \\\text { Sales } & & 112,000 & & 975,000\\\text { Gross margin }&142,250&&128,000\end{array}$

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Definitions:

Intermediate Products

Goods that are produced by a business as part of the production process of another final product or service.

Sugar Cane

A tropical grass cultivated for its tall stalks, which are the primary source of sugar.

Industrial Fiber

Materials, often synthetic, used in the manufacture of products requiring strength, durability, or specific technical properties, such as textiles and composites.

Bottleneck

A point of congestion in a production system that occurs when workloads arrive too quickly for the production process to handle, impairing the efficiency of the system.