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(Use information in Question 14)What was the additional inventory value for April?

Question

(Use information in Question 14) What was the additional inventory value for April?

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Solution

To provide a structured approach to answering your question regarding the additional inventory value for April, I would need the specifics of "Question 14," which may contain the relevant data about inventory figures and changes for that month. However, in general terms, I can outline how you could approach this question based on typical inventory valuation calculations.

Steps to Calculate Additional Inventory Value

  1. Break Down the Problem

    • Identify the inventory value at the beginning of April.
    • Determine the inventory purchases made during April.
    • Assess any inventory sold or removed during April.
    • Calculate the ending inventory for April.
  2. Relevant Concepts

    • Use the following formula: Ending Inventory=Beginning Inventory+PurchasesSales \text{Ending Inventory} = \text{Beginning Inventory} + \text{Purchases} - \text{Sales}
    • The additional inventory value for April can be calculated by: Additional Inventory Value=Ending InventoryBeginning Inventory \text{Additional Inventory Value} = \text{Ending Inventory} - \text{Beginning Inventory}
  3. Analysis and Detail

    • Substitute the known values into the formula:
      • If you have the beginning inventory and the changes (purchases and sales), plug in those numbers.
    • Calculate the ending inventory first, then subtract the beginning inventory to find the additional inventory value.
  4. Verify and Summarize

    • Double-check calculations for accuracy.
    • Summarize the additional inventory value: “The additional inventory value for April was calculated based on the ending and beginning inventory values.”

Final Answer

(Note: Replace the placeholders with actual figures from your data) Additional Inventory Value=Ending InventoryBeginning Inventory \text{Additional Inventory Value} = \text{Ending Inventory} - \text{Beginning Inventory} If Beginning Inventory=X \text{Beginning Inventory} = X and Ending Inventory=Y \text{Ending Inventory} = Y , then: Additional Inventory Value=YX \text{Additional Inventory Value} = Y - X Since I don't have the specific details from Question 14, please insert the actual numbers to calculate your additional inventory value for April.

This problem has been solved

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