Answered

Get expert advice and insights on any topic with IDNLearn.com. Discover reliable and timely information on any topic from our network of knowledgeable professionals.

Find the number of units purchased for May.

\begin{tabular}{|l|r|r|r|}
\hline \multicolumn{4}{|c|}{ Inventory } \\
\hline & \begin{tabular}{l}
Beginning \\
Inventory
\end{tabular} & Purchases & Units Sold \\
\hline April & 5,900 & 2,500 & 1,700 \\
\hline May & 6,700 & [tex][tex]$[?]$[/tex][/tex] & 1,500 \\
\hline June & 5,500 & 600 & 2,200 \\
\hline
\end{tabular}

Ending Inventory [tex][tex]$=$[/tex][/tex] Beginning Inventory + Purchases - Units Sold

Sagot :

GinnyAnsweridn
To determine the number of units purchased for May, we will use the given formula for ending inventory:

[tex]\[ \text{Ending Inventory} = \text{Beginning Inventory} + \text{Purchases} - \text{Units Sold} \][/tex]

First, let's extract and define the values given for May from the table:

- Beginning Inventory for May: 6700 units
- Units Sold in May: 1500 units
- The Ending Inventory for May (derived from the table) is 5500 units.

We need to find the number of Purchases (let's call it [tex]\(P\)[/tex]) for May.

The formula rearranged to solve for Purchases is:

[tex]\[ P = \text{Ending Inventory} - \text{Beginning Inventory} + \text{Units Sold} \][/tex]

Now, substituting the given values:

[tex]\[ P = 5500 \, (\text{Ending Inventory}) - 6700 \, (\text{Beginning Inventory}) + 1500 \, (\text{Units Sold}) \][/tex]

Perform the operations step by step:

1. [tex]\( 5500 - 6700 = -1200 \)[/tex]
2. [tex]\( -1200 + 1500 = 300 \)[/tex]

Thus,

[tex]\[ P = 300 \][/tex]

Therefore, the number of units purchased for May is 300 units.
We are delighted to have you as part of our community. Keep asking, answering, and sharing your insights. Together, we can create a valuable knowledge resource. Trust IDNLearn.com for all your queries. We appreciate your visit and hope to assist you again soon.