Find the number of units sold for May.

[tex]\[
\begin{tabular}{|l|r|r|r|}
\hline
\multicolumn{4}{|c|}{ Inventory } \\
\hline
& \begin{tabular}{l}
Beginning \\
Inventory
\end{tabular}
& Purchases
& Units Sold \\
\hline
April & 8,900 & 1,700 & 3,600 \\
\hline
May & 7,000 & 2,500 & [?] \\
\hline
June & 6,700 & 1,000 & 1,800 \\
\hline
\end{tabular}
\][/tex]

Ending Inventory = Beginning Inventory + Purchases - Units Sold



Answer :

To find the number of units sold in May, we need to use the given formula for Ending Inventory, which states:

[tex]\[ \text{Ending Inventory} = \text{Beginning Inventory} + \text{Purchases} - \text{Units Sold} \][/tex]

We can rearrange this equation to solve for the number of units sold:

[tex]\[ \text{Units Sold} = \text{Beginning Inventory} + \text{Purchases} - \text{Ending Inventory} \][/tex]

Let's fill in the values we have for May:

- Beginning Inventory: [tex]\( 7,000 \)[/tex] units
- Purchases: [tex]\( 2,500 \)[/tex] units
- Ending Inventory: [tex]\( 6,700 \)[/tex] units (which is the beginning inventory of June)

Now we can substitute these values into our rearranged equation:

[tex]\[ \text{Units Sold for May} = 7,000 + 2,500 - 6,700 \][/tex]

Perform the arithmetic:

[tex]\[ 7,000 + 2,500 = 9,500 \][/tex]

[tex]\[ 9,500 - 6,700 = 2,800 \][/tex]

Therefore, the number of units sold for May is [tex]\( 2,800 \)[/tex] units.