Question

Find the number of units sold for April.

April
May
June
Inventory
Beginning
Inventory
5,400
6,000
5,700
Purchases Units Sold
[?]
1,500
2,700
1,400
1,200
1,600

Answer 1

To find the number of units sold for April, we need to calculate the change in inventory between April and May.

Beginning Inventory (April): 5,400
Purchases: 1,500
Ending Inventory (May): 6,000

To find the units sold, we can use the formula:

Units Sold = Beginning Inventory + Purchases - Ending Inventory

Units Sold = 5,400 + 1,500 - 6,000
Units Sold = 6,900 - 6,000
Units Sold = 900

Therefore, the number of units sold for April is 900.