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15 December, 03:01

Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the island of Bali in Indonesia. The company produces a handcrafted Balinese musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $850. Selected data for the company's operations last year follow: Units in beginning inventory 0 Units produced 250 Units sold 225 Units in ending inventory

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  1. 15 December, 03:26
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    Units in ending inventory is 25

    Explanation:

    The units in ending inventory can be computed using the cost of goods sold formula and rearranging it to make ending inventory the subject of the formula.

    Cost of goods sold=beginning inventory+units produced-ending inventory

    ending inventory=beginning inventory+units produced-Cost of goods sold

    beginning inventory is 0

    units produced is 250 units

    unit sold is 225 units

    ending inventory=0+250-225

    ending inventory=25 units
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