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Question 2 Inventory of finished goods at beginning 20,000 Inventory of finished goods at end 25,000 Cost per unit of finished goods from supplier XYZ

Question 2
Inventory of finished goods at beginning 20,000
Inventory of finished goods at end 25,000
Cost per unit of finished goods from supplier XYZ $100
Total cost of finished goods from supplier XYZ $24,000
Sales price per unit $150
Total revenue from sales $1,500,000
Given the information above, calculate the units produced during the year.
Calculations
Opening FG
Closing FG
Purchases
Units Sold
Units Produced

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