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Homestead Crafts, a distributor of handmade gifts, operates out of owner Emma Finns house. At the end of the current period, Emma reports she has
Homestead Crafts, a distributor of handmade gifts, operates out of owner Emma Finns house. At the end of the current period, Emma reports she has 1,700 units (products) in her basement, 16 of which were damaged by water and cannot be sold. She also has another 190 units in her van, ready to deliver per a customer order, terms FOB destination, and another 110 units out on consignment to a friend who owns a retail store. How many units should Emma include in her companys period-end inventory?
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