Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Visualizing the results of ADA using Tableau screen shot below is presented the analysis of using clustering as an ADA technique to identify inventory that

Visualizing the results of ADA using Tableauscreen shot below is presented the analysis of using clustering as an ADA technique to identify inventory that was at a high risk of notbeing properly valued at the inventory's net realizable value.The information contained in this illustration is presented in an Excel file

image text in transcribed
Estimate of How Long It Will Take to Sell Each Decile % of Group of Cost of % of Quantity Quantity Inventory Existing Inventory Sold Inventory Cumulative on Hand on Hand Inventory on Hand Value % 6,954 6,667 10% 349.9 $7,947,064 16.4% 16.4% 9,023 6,682 10% 270.3 $6,334,536 13.1% 29.5% 22,523 6,720 10% 108.9 $5,591,040 11.5% 41.0% 25,047 6,680 10% 97-3 $4,883,080 10.1% 51.1% 29,953 6,703 10% 81.7 $5,536,678 11.4% 62.5% 39,602 6,685 10% 61.6 $4,973,640 10.3% 72.8% 51,500 6,710 10% 47.6 $4,623,190 9.5% 82.3% 58,201 6,690 10% 42.0 $3,652,740 7.5% 89.8% 65,318 6,705 10% 37.5 $3,345,795 6.9% 96.7% 100,385 6,755 10% 24.6 $1,587,425 3.3% 100.0% 408,506 66,997 100% 59.9 $48,475,188 100% Cost of goods sold per unaudited financial statements $232,541,934 Estimated number of days to sell inventory 76.1

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Edexcel AS And A Level Mathematics Pure Mathematics Year 1/AS

Authors: Greg Attwood

1st Edition

129218339X, 978-1292183398

Students also viewed these Accounting questions