Multiple Choice
Brunnhilde sells 420 600 units of inventory during her trading year ended 31 December 20X8.The selling price of each unit is £5.50 and she makes a gross profit of 20%.The selling and cost price structure has remained unchanged for several years.Brunnhilde purchases a total of 410 000 units during the year, and a stocktake on 31 December 20X8 shows that she has 52 770 units in the warehouse. How many units of inventory were in the warehouse on 1 January 20X8?
A) 20 750
B) 42 170
C) 63 370
D) 10 600
Correct Answer:
Verified
Correct Answer:
Verified
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