Question

  

Fill in the missing items for the following inventories:
	A B C Beginning balance $52,200 $28,900 $68,500 Ending balance 46,600 25,700 54,200 Transferred in 52,400 Transferred out 93,100 170,600

  

Answer 1

Answer

• Equation used:
  Beginning balance + Transferred in – Transferred out = Ending balance

	A	B	C
Beginning balance	$52,200	$28,900	$68,500
Ending balance	$46,600	$25,700	$54,200
Transferred in	$52,400	$89,900	$156,300
Transferred out	$58,000	$93,100	$170,600

• Working

	A	B	C
Beginning balance	52200	28900	68500
Ending balance	46600	25700	54200
Transferred in	52400	=25700+93100-28900	=54200+170600-68500
Transferred out	=52200+52400-46600	93100	170600