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Average production cycle. Use the following account information for Rian Company. Click on the icon in order to copy its content into a spreadsheet 2013

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Average production cycle. Use the following account information for Rian Company. Click on the icon in order to copy its content into a spreadsheet 2013 and 2014 Selected Balance Sheet Accounts of Rian Company Click on the icon in order to copy its content into a spreadsheet 2014 Selected Income Statement Items for Rian Company Cash sales Credit sales $534,000 If the target ending inventory for 2015 is $59,965, what cost of goods sold will the company need to reach its goal? \$ (Round to the nearest dollar) Click on the icon in order to copy its content into a spreadsheet 2014 Selected Income Statement Items for Rian Company For the coming year, Rian Company wants to reduce its average production cycle to 29.5 days. If the target-ending inventory for 2015 is $59,965, what cost of goods sold will the company need to reach its goal? If the target ending inventory for 2015 is $59,965, what cost of goods sold will the company need to reach its goal? 9 (Round to the nearest dollar)

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