Please answer 17-21

Charlene Cosmetics Company just began business and made the following four inventory purchasers in June: A physical count of merchandise inventory on June 30 reveals that there are 250 units on hand. Using the average cost method, the amount allocated to the ending inventory on June 30 is $1, 483 $1, 620 $1, 575 $1, 500 Barnett Company had the following records: What is Barnett's inventory turnover ratio for 2011? (rounded) 9.0 times 8.8 times 4.4 times 8.9 times Barnett Company had the following records: What is Barnett's average days in inventory for 2011? (rounded) 41.5 days 41.0 days 40.6 days 83.0 days Jenks Company developed the following information about its inventories in applying the lower cost or market (LCM) basis in valuing inventories: If Jenks applies the LCM basis, the value of the inventory reported on the balance sheet would be $175,000. $171,000. $173,000. $181,000. Which of the following companies would most likely have the highest inventory turnover? An art gallery. An automobile manufacturer A piano manufacturer. A bakery