Kang Co. reports work in process inventory of $1,085 and cost of goods sold of $56,575. Days' sales in work in process inventory is:
A. 4 days
B. 5 days
C. 7 days
D. 6 days
E. 8 days
Answer: C
Business
You might also like to view...
An advantage of geographic segmentation is that the segments would be close to each other
Indicate whether the statement is true or false
Business
Concerning international dumping, many economists argue that "fair value" should be based on
a. average variable cost. b. average fixed cost. c. marginal cost. d. total cost.
Business
What is meant by auditing around the computer versus auditing through the computer? Why is this so important?
Business
A materials request form is prepared whenever the purchasing department orders materials
Indicate whether the statement is true or false
Business