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Exercise 6-15 a1,a2, b (Part Level Submission) The cost of goods sold computations for Sandhill Company and Whispering Company are shown below. Beginning inventory Cost

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Exercise 6-15 a1,a2, b (Part Level Submission) The cost of goods sold computations for Sandhill Company and Whispering Company are shown below. Beginning inventory Cost of goods purchased Cost of goods available for sale Ending inventory Cost of goods sold Sandhill Company $ 44,000 296,200 340,200 92,000 $248,200 Whispering Company $ 71,000 439,000 510,000 95,000 $415,000 (al) Your answer is correct. Compute inventory turnover for each company. (Round answers to 2 decimal places, e.g. 15.25.) Sandhill Company whispering Company Inventory turnover 3.65 5 Click if you would like to show Work for this question: Open Show Work SHOW SOLUTION SHOW ANSWER LINK TO TEXT (a2) Compute days in inventory for each company. (Round answers to 0 decimal places, e.g. 1,250. Use 365 days for calculation.) Sandhill Company whispering Company Days in inventory days days Click if you would like to show Work for this question: Open Show Work Exercise 6-19 a-b (Part Level Submission) Sunland Company reported the following information for November and December 2020. Cost of goods purchased Inventory, beginning-of-month Inventory, end-of-month Sales revenue November December $531,000 $ 605,000 128,000 164,840 164,840 ???? 852,000 1,000,000 Sunland's ending inventory at December 31 was destroyed in a fire. (a) Compute the gross profit rate for November. (Round answer to 0 decimal places, e.g. 15%.) Gross profit rate % Click if you would like to show Work for this question: Open Show Work

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