The percentage of inventory disappearance

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Reference no: EM131147349

For a given month Konway Kola Kompany produced 93,872 cases of product (24 bottles each case) per the Production Department.

Empty bottles per official Accounting records:

Beginning physical inventory 115,865

Purchases during the month 2,304,000

End of month physical inventory 99,450

What was the reported usage of bottles, per production numbers?

What was the inventory disappearance, per accounting numbers?

What was our empty bottle variance for the month – calculate both the number of bottles and the percentage of inventory disappearance?

Reference no: EM131147349

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