Using the table below, calculate the holding inventory costs for all periods using end inventory values.The holding cost per period per unit is $5.
$\begin{array} { | c | c | c | c | c | c | c | c | c | c | c | }
\hline \text { Periods } & 1 & 2 & 3 & 4 & 5 & 6 & 7 & 8 & 9 & 10 \
\hline \text { Usage } & 1000 & 120 & 500 & 800 & 450 & 1280 & 800 & 500 & 280 & 180 \
\hline \begin{array} { c }
\text { End } \
\text { Inventory }
\end{array} & 0 & 300 & 70 & 530 & 70 & 0 & 30 & 0 & 30 & 0 \
\hline
\end{array}$
A) $7,820
B) $19,925
C) $5,150
D) $10,535

Question

Using the table below, calculate the holding inventory costs for all periods using end inventory values.The holding cost per period per unit is $5.
$\begin{array} { | c | c | c | c | c | c | c | c | c | c | c | } 
\hline \text { Periods } & 1 & 2 & 3 & 4 & 5 & 6 & 7 & 8 & 9 & 10 \
\hline \text { Usage } & 1000 & 120 & 500 & 800 & 450 & 1280 & 800 & 500 & 280 & 180 \
\hline \begin{array} { c } 
\text { End } \
\text { Inventory }
\end{array} & 0 & 300 & 70 & 530 & 70 & 0 & 30 & 0 & 30 & 0 \
\hline
\end{array}$
A) $7,820
B) $19,925
C) $5,150
D) $10,535

Quizplus · Accepted Answer

The holding inventory costs for each period can be calculated by multiplying the end inventory value by the holding cost per unit, which is $5:

Period 1: 0 * $5 = $0

Period 2: 300 * $5 = $1,500

Period 3: 70 * $5 = $350

Period 4: 530 * $5 = $2,650

Period 5: 70 * $5 = $350

Period 6: 0 * $5 = $0

Period 7: 30 * $5 = $150

Period 8: 0 * $5 = $0

Period 9: 30 * $5 = $150

Period 10: 0 * $5 = $0

Adding up all of these costs, we get a total of $5,150, which is option C.

Using the Table Below, Calculate the Holding Inventory Costs for All