Dobler Company uses a periodic inventory system. Details for the inventory account for the month of January 2014 are as follows: $\begin{array}{llrrr}
& \text { \underline{\text{ Units }}} & & \text { \underline{\text{ Per unit price}} } & \text { \underline{\text{ Total}} } \
\text { Balance, } 1 / 1 / 2014 .......................... & 200 & & \$ 5.00 & \$ 1,000 \
\text { Purchase, } 1 / 15 / 2014 ...................... & 100 & & 5.30 & 530 \
\text { Purchase, } 1 / 28 / 2014 ......................& 100 & & 5.50 & 550
\end{array}$ An end of the month (1/31/2014) inventory showed that 160 units were on hand. How many units did the company sell during January 2014?

Question

Dobler Company uses a periodic inventory system. Details for the inventory account for the month of January 2014 are as follows: $\begin{array}{llrrr} 
& \text { \underline{\text{ Units  }}} & & \text { \underline{\text{ Per unit price}}   } & \text { \underline{\text{ Total}}  }  \
\text { Balance, } 1 / 1 / 2014  ..........................  & 200 & & \$ 5.00 & \$ 1,000 \
\text { Purchase, } 1 / 15 / 2014 ......................  & 100 & & 5.30 & 530 \
\text { Purchase, } 1 / 28 / 2014 ......................& 100 & & 5.50 & 550
\end{array}$ An end of the month (1/31/2014) inventory showed that 160 units were on hand. How many units did the company sell during January 2014?

Quizplus · Accepted Answer

The Answer of Dobler Company uses a periodic inventory system. Details for the inventory account for the month of January 2014 are as follows: $\begin{array}{llrrr} 
& \text { \underline{\text{ Units  }}} & & \text { \underline{\text{ Per unit price}}   } & \text { \underline{\text{ Total}}  }  \
\text { Balance, } 1 / 1 / 2014  ..........................  & 200 & & \$ 5.00 & \$ 1,000 \
\text { Purchase, } 1 / 15 / 2014 ......................  & 100 & & 5.30 & 530 \
\text { Purchase, } 1 / 28 / 2014 ......................& 100 & & 5.50 & 550
\end{array}$ An end of the month (1/31/2014) inventory showed that 160 units were on hand. How many units did the company sell during January 2014?

Dobler Company Uses a Periodic Inventory System An End of the Month (1/31/2014) Inventory Showed That 160