Crestwood Paint Supply had a beginning inventory of 10 cans

Crestwood Paint Supply had a beginning inventory of 10 cans of pain at $25.00 per can. They purchased 20 cans during the month at $30.00 per can. They had an ending inventory valued at $500. How much paint in dollars was used for the month

Solution

beginning inventory =10 cans *25$ =250$

purchased= 20cans *30$ =600$

total inventory=600+250=850$

ending inventory =500$

how much paint used=850-500=350$