Sandoval needs to determine its year-end inventory. The warehouse contains 21,000 units, of which 3100 were damaged by flood and are not sellable. Another 2100 units were purchased from Markor Company, FOB shipping point, and are currently in transit. The company also consigns goods and has 4100 units at a consignee's location. How many units should Sandoval include in its year-end inventory?
A. 27,200
B. 24,100
C. 19,900
D. 22,000
E. 30,300
Answer: B
You might also like to view...
Which of the following is the last stage of the data preparation process?
A) questionnaire checking B) coding C) data cleaning D) transcribing E) selecting a data analysis strategy
For U. S. students who have traveled abroad, standards of cleanliness are a source of major cultural shock
Indicate whether the statement is true or false.
Vector Corporation has been using an incorrect method in accounting for supplies expense. It can change to the correct method without filing 3115.
Answer the following statement true (T) or false (F)
Toward the end of the Industrial Revolution, in the late 19th century, several university programs offering management and business education were founded, including the Wharton School at the University of Pennsylvania. Establishment of these programs
A. occurred despite the inability of quantitative management to accurately model management problems. B. was expected under the administrative management approach. C. was an acknowledgment of management as a formal discipline. D. required federal government funding. E. reflected economies of scale.