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10 May, 20:15

The Daily Grind sells coffee makers. Its inventory of coffee makers without timers cost $20,000 and is now valued at $10,000. Its inventory of coffee makers with timers cost $35,000 and is valued at $35,000. What is the value of the Daily Grind's inventory assuming it has 5 units of each type of coffee maker?

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  1. 10 May, 20:40
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    Daily grinds inventory value = coffee maker with timer value x n units + coffee maker without timer in x n units

    where:

    coffee maker with timer value = $35000

    coffee maker without timer = $10000

    n = 5 units each

    Daily grinds coffee maker inventory value = ($35000 x 5) + ($10000 x 5)

    = $225000
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