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    jsanc023's Avatar
    jsanc023 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jul 6, 2010, 03:33 PM
    I still do not understand how to get ending inventory??
    Beginning inventory, Jan. 1: 500 units (unit cost $10)
    Inventory purchases:
    Date Units Unit Cost
    1/20 300 $ 11
    4/8 400 12
    9/5 200 13
    12/12 100 14
    Total purchases 1,000 units
    What is the ending inventory?
    It says that the answer is 600 units but how is that so I do not get it.
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
    		  
    #2

    Jul 7, 2010, 12:59 AM

    There's insufficient information to get ending inventory. What are you leaving out?
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