Acme Brands invested $5 million in 2010 on new equipment,spent $750 thousand to increase its inventory of intermediate components,and added $25 thousand to its inventory of finished goods.At year's end,the components inventory is found to be $200 thousand above its beginning-of-the- year level,and finished goods inventory is up $30 thousand over its starting level.Calculate planned investment,unplanned investment,and actual (total)investment.

Question

Quizplus · Accepted Answer

The Answer of Acme Brands invested $5 million in 2010 on new equipment,spent $750 thousand to increase its inventory of intermediate components,and added $25 thousand to its inventory of finished goods.At year's end,the components inventory is found to be $200 thousand above its beginning-of-the- year level,and finished goods inventory is up $30 thousand over its starting level.Calculate planned investment,unplanned investment,and actual (total)investment.

Acme Brands Invested $5 Million in 2010 on New Equipment,spent