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Use the information below for a soda maker to answer the requirements. Current Year Prior Year Work in process at year-end $ 102,000 $ 114,000

Use the information below for a soda maker to answer the requirements.

Current Year Prior Year
Work in process at year-end $ 102,000 $ 114,000
Cost of goods sold for the year 2,007,000 1,620,000

1. Compute days sales in work in process inventory for the current year. 2. Compute days sales in work in process inventory for the prior year. 3. Did days sales in work in process inventory increase or decrease from the prior year? (For all requirements, round the answers to the nearest whole day and use 365 days in a year.) image text in transcribed

Use the information below for a soda maker to answer the requirements. Work in process at year-end Cost of goods sold for the year Current Year $ 102,000 2,007,000 Prior Year $ 114,000 1,620,000 1. Compute days' sales in work in process inventory for the current year. 2. Compute days' sales in work in process inventory for the prior year. 3. Did days' sales in work in process inventory increase or decrease from the prior year? (For all requirements, round the answers to the nearest whole day and use 365 days in a year.) 1. Days' sales in work in process inventory for the current year 2 Days' sales in work in process inventory for the prior year 3. Did days' sales in work in process inventory increase or decrease from the prior year? days days

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