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16,000 rolls of paper were purchased and 12,500 were sold at $1.79, what is the total ending inventory?
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16,000 rolls of paper were purchased and 12,500 were sold at $1.79, what is the total ending inventory?
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Jan 12, 2017
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16,000 rolls of paper were purchased and 12,500 were sold at $1.79, what is the total ending inventory?
Mathematics
high-school
Mbmc
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Mbmc
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12500*1.79=22,375 16000*1.79=28,640 Total ending inventory=28640−22,375 =6,265
Sohil Omer
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Jan 14, 2017
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Sohil Omer
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12,500 x 1.79 to find the price but 16,000 - 12,500 to get how many were left.
12,500 x 1.79 = $22,375 that they made from selling. 16,000 - 12,500 = 3,500 rolls left in the inventory. This question confused me so I just gave both answers.
Avi Turner
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Jan 18, 2017
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