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inventory

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › inventory

  • This topic has 1 reply, 2 voices, and was last updated 5 years ago by AvatarJohn Moffat.
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  • January 26, 2021 at 1:10 pm #608097
    Avatarnazmana
    Participant
    • Topics: 8
    • Replies: 4
    • ☆

    A wholesaler has 8,450 units outstanding for Part X100 on existing customer’s orders; there are 3,925 units inventory and the calculated free inventory is 5,525 units. How many units does the wholesaler have on order with the supplier?

    January 26, 2021 at 1:58 pm #608110
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54836
    • ☆☆☆☆☆

    If the free inventory is 5.525, then since they have 8,450 units still to be despatched they must be expecting a total of 13,975 to be available.
    Of these 3,925 are already in inventory and so the difference must be the amount on order with the supplies.

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