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Required information Tableau Dashboard Activity 7-1 (The following information applies to the questions displayed below.] The Slumber Store (TSS) is a national wholesaler of beds,
Required information Tableau Dashboard Activity 7-1 (The following information applies to the questions displayed below.] The Slumber Store (TSS) is a national wholesaler of beds, mattresses, pillows, and sheets. Key totals from TSS's most recent and forecasted financial statements are presented in the table below. From the income statement Sales Revenue Cost of Goods Sold Gross Profit Last Year $560,000 346,500 213,500 This Year $615,000 405,250 209,750 Next Year $770,000 556,300 213,700 From the balance sheet Inventories Last Year $ 88,000 This Year Next Year $101,808 $179,825 Review the following Tableau dashboard, which was created using the data forecast for next year: 50 Average Days-to-Sell 60 Sheets Sales $80,000 70 Pillows Sales $40,000 80 Beds Sales $200,000 90 100 Mattresses Sales $450,000 110 0% 10% 20% 30% 40% 50% 60% 70% 80% Average Gross Profit Percentage 7. Identify the product line most likely to require a write-down when applying the lower of cost and marketet realizable value rule. Beds Mattresses Pillows Sheets
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