NOTE: The following information (DATA SET B) will be used in three exam questions, each...
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Accounting
NOTE: The following information (DATA SET B) will be used in three exam questions, each asking for a different response. For the month of October, Andrew Industries has the following inventory ledger Beginning inventory 20 units @ $25 each October 3rd purchase 30 units @ $30 each October 14th purchase 25 units @ $32 each October 28th purchase 25 units @ $35 each During the month, Andrew Industries had two sales: October 6th sale October 30th sale 28 units @ $60 each 37 units @ ? each An ending inventory count revealed 32 units on hand at October 31st. How many units would be classified as "shrink"? Numeric Response
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