Calculate the Total Number of Units Available for Sale and the Cost

question 59

Short Answer

Calculate the total number of units available for sale and the cost of goods available for sale from the following inventory: $$\begin{array} { l l l } \text { Date } & \text { Units } & \text { Cost per unit } \\\hline \text { Beginning inventory, Jan. 1 } & 600 & \$ 30 \\\text { Purchase, February } 18 & 1,200 & \$ 35 \\\text { Purchase, April } 10 & 1,250 & \$ 40 \\\text { Purchase, August 15 } & 1,700 & \$ 45 \\\text { Purchase, November 6 } & 1,500 & \$ 42\end{array}$$
A)How many total units are available for sale?
B)What is the cost of goods available for sale?

• A)How many total units are available for sale?
• B)What is the cost of goods available for sale?

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Definitions:

Human Resources

The division of a company focused on overseeing, managing, and developing its workforce.

Employment Office

An agency or department that provides assistance to job seekers and employers, including job matching and career counseling.

Line Management

An organizational structure in which a manager oversees a direct line of employees responsible for achieving the organization’s core objectives.

Employment Office

A place or department within an organization that handles hiring, job placements, and sometimes additional human resources functions.