Question
A company has an average inventory on hand of $75,000 and its average days in inventory is 36.5 days. What is the cost of goods
A company has an average inventory on hand of $75,000 and its average days in inventory is 36.5 days. What is the cost of goods sold?
a. $1,680,000
b.$750,000
c. $876,000
d. $1,752,000
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Cost Accounting Foundations and Evolutions
Authors: Michael R. Kinney, Cecily A. Raiborn
9th edition
9781285401072, 1111971722, 1285401077, 978-1111971724
