Question

Inglenook Co. produces wine. The company expects to produce 750,000 two-liter bottles of Chablis in 2015. Inglenook purchases empty glass bottles from an outside vendor. Its target ending inventory of such bottles is 20,000 ; its beginning inventor is 25,000 . For simplicity, ignore breakage. Compute the number of bottles to be purchased in 2015.

Answer 1

Explanation:

To calculate the number of units to be purchased alternatively one can 

1. Obtain the total valuation of beginning inventory, ending inventory, and the cost of goods sold.
2. Subtract beginning inventory from ending inventory.
3. Add the cost of goods sold to the difference between the ending and beginning inventories.you can as well manually calculate the units sold by Adding the total of any purchases for the period to the balance that you had at the end of the last period. Count the number of pieces you have on hand currently. Subtract the two to obtain the number sold during the period.

the number of units to be purchased will be =745,000