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For the line ending inventory, why does it say 145 days in COGS? I thought you take Inventory in days and subtract 7? Then how
For the line ending inventory, why does it say 145 days in COGS? I thought you take Inventory in days and subtract 7? Then how do you actually solve for the ending inventory once you have 155?
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Managerial Accounting
Authors: Wendy M. Tietz, Louis Beaubien, Karen W. Braun
3rd Canadian edition
