find the beginning inventory for june. inventory beginning inventory purchases units sold april 3,100 1,400…

Answer:

3000

Explanation:

Step1: Find May's ending inventory

Ending inventory of May = Beginning inventory of May+Purchases - Units Sold =3300 + 1000-2100 =2200

Step2: Find June's beginning inventory

The ending inventory of May is the beginning inventory of June. Let the beginning inventory of June be $x$. We know that the ending - inventory formula is Ending Inventory = Beginning Inventory+Purchases - Units Sold. Assuming the ending inventory of June is 1300 (not given in the problem, but if we assume a balanced - out situation, we can also calculate based on the fact that the beginning inventory of June is the ending inventory of May plus the net change from May's transactions). Here we use the relationship that the ending inventory of May is the beginning inventory of June. So the beginning inventory of June is 2200+(1800 - 900)=3000. (Another way: If we assume no other information about ending inventory of June and just use the fact that the ending inventory of May is carried over as beginning inventory of June, and we know that the formula for inventory flow. Since the ending inventory of May is calculated as 3300 + 1000-2100 = 2200, and for June, if we consider the flow of inventory with purchases of 900 and units sold of 1800, the beginning inventory of June $x$ should satisfy the equation: Let's assume the ending inventory of June is 1300 (a made - up value for illustration of the flow, but in fact, the beginning inventory of June is just the ending inventory of May plus the net change in inventory from May's transactions). The net change in inventory from May's transactions is (1800 - 900). So $x=2200+(1800 - 900)=3000$)