Answer:
The total number of paints used for the month = $350
Explanation:
Given that:
Spackle paint had a beginning inventory of 10 can of paint at $25 per can =
10× $25 = $250
They purchased 20 at $30 per can.
The amount of the 20 purchased can = 20 × $30 = $600
The total inventory for this supply = $600 + $250
= $850
They had an ending inventory valued 500.
∴
The total number of paints used for the month = total inventory - ending inventory
The total number of paints used for the month = $850 - $500
The total number of paints used for the month = $350