Elon & Company had 3,000 units in ﬁnished-goods inventory on December 31.The following data are available for the upcoming year: The number of units the company expects to sell in January is:

Question

Elon & Company had 3,000 units in ﬁnished-goods inventory on December 31.The following data are available for the upcoming year:  The number of units the company expects to sell in January is:

Quizplus · Accepted Answer

To find the expected sales in January, we need to add the beginning finished goods inventory (3,000) to the expected production (8,000) and subtract the ending finished goods inventory (4,100).

Expected sales in January = beginning finished goods inventory + expected production - ending finished goods inventory 
Expected sales in January = 3,000 + 8,000 - 4,100 
Expected sales in January = 6,900

Therefore, the best choice is D) 9,900.

Elon & Company Had 3,000 Units in ﬁNished-Goods Inventory on December