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Exercise 6-15 The cost of goods sold computations for Pina Colada Company and Flint Company are shown below. Pina Colada Company Flint Company Beginning inventory
Exercise 6-15 The cost of goods sold computations for Pina Colada Company and Flint Company are shown below.
Pina Colada Company Flint Company Beginning inventory $ 46,500 $ 73,500 Cost of goods purchased 194,500 295,000 Cost of goods available for sale 241,000 368,500 Ending inventory 59,500 75,000 Cost of goods sold $181,500 $293,500
Compute days in inventory for each company. (Round answers to 0 decimal places, e.g. 1,250. Use 365 days for calculation.)
Pina Colada Company Flint Company What are the Days in inventory for both ??
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