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Bruner Stores wants to have 900 shovels in ending inventory on December 31. Budgeted sales for December are 2,500 shovels. The November 30 inventory was shovels. How many shovels should Benson Stores purchase
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Bruner Stores wants to have 900 shovels in ending inventory on December 31. Budgeted sales for December are 2,500 shovels. The November 30 inventory was shovels. How many shovels should Benson Stores purchase for​ December?

User CoolLife
by
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1 Answer

5 votes

Answer: 2,900 shovels

Step-by-step explanation:

Ending Inventory = Beginning Inventory + Total Inventory Purchased - Sales

900 = 500 + Total produced - 2,500

Total Purchased = 900 + 2,500 - 500

Total purchased = 2,900 shovels

NB; There was no beginning balance in your question so I gave a random figure of 500 units. Use the equation if the figure is different.

User Maulik Modi
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3.2k points
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