Chapter 16.I, Problem 1RE

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8th Edition

Robert Brechner + 1 other

ISBN: 9781305585447

Textbook Problem

Calculate the total number of Sonic Blu-ray players available for sale and the cost of goods available for sale from the following inventory figures at Superior Electronics.

**Superior Electronics**

**Sonic Blu-ray Player Inventory**

Date |
UnitsPurchased |
Cost per Unit |
TotalCost |

Beginning Inventory, January 1 | 40 | $125 | $5,000 |

Purchase. February 20 | 32 | 118 | 3.776 |

Purchase. April 16 | 30 | 146 | 4.380 |

Purchase. June 8 | 25 | 135 | 3.375 |

Blu-ray Players Available for Sale |
127 | Cost of Goods Available for Sale $16,531 |

To determine

**To calculate:** The total number of Sonic-ray players available for sale and the cost of goods available for sale at Superior Electronics.

Explanation

**Given Information:**

Use the information given in the table:

**Formula:**

Step 1: Add all units to calculate total numbers of units available for sale.

Step 2: To calculate the total cost multiply the units with corresponding unit cost.

Step 3: Add cost of all units to calculate the cost of goods available for sale.

**Calculation:**

To calculate the total number of Sonic-ray players available for sale add all Unit Purchased and write the value of summation

Sect-16.I P-1TIESect-16.I P-2TIESect-16.I P-3TIESect-16.I P-4TIESect-16.I P-1RESect-16.I P-2RESect-16.I P-3RESect-16.I P-4RESect-16.I P-5RESect-16.I P-6RE

Sect-16.I P-7RESect-16.I P-8RESect-16.I P-9RESect-16.I P-10RESect-16.II P-5TIESect-16.II P-6TIESect-16.II P-1RESect-16.II P-2RESect-16.II P-3RESect-16.II P-4RESect-16.II P-5RESect-16.II P-6RESect-16.II P-7RESect-16.II P-8RESect-16.II P-9RESect-16.III P-7TIESect-16.III P-8TIESect-16.III P-9TIESect-16.III P-1RESect-16.III P-2RESect-16.III P-3RESect-16.III P-4RESect-16.III P-5RESect-16.III P-6RESect-16.III P-7RESect-16.III P-8RESect-16.III P-9RESect-16.III P-10RESect-16.III P-11RESect-16.III P-12RESect-16.III P-13RESect-16.III P-14RESect-16.III P-15RECh-16 P-1CRCh-16 P-2CRCh-16 P-3CRCh-16 P-4CRCh-16 P-5CRCh-16 P-6CRCh-16 P-7CRCh-16 P-8CRCh-16 P-9CRCh-16 P-10CRCh-16 P-11CRCh-16 P-12CRCh-16 P-13CRCh-16 P-14CRCh-16 P-1ATCh-16 P-2ATCh-16 P-3ATCh-16 P-4ATCh-16 P-5ATCh-16 P-6ATCh-16 P-7ATCh-16 P-8ATCh-16 P-9ATCh-16 P-10ATCh-16 P-11ATCh-16 P-12ATCh-16 P-13AT

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