Lakeside Manufacturing had a beginning inventory of $60,000, an ending inventory of $90,000, a cost of goods sold (COGS) of $250,000, and a sales revenue of $400,000. What is Lakeside's days in inventory? A) 102.5 days B) 121.7 days C) 84.5 days D) 109.5 days

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Chapter4: Job Order Costing
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Lakeside Manufacturing had a beginning inventory of
$60,000, an ending inventory of $90,000, a cost of goods sold
(COGS) of $250,000, and a sales revenue of $400,000. What is
Lakeside's days in inventory?
A) 102.5 days
B) 121.7 days
C) 84.5 days
D) 109.5 days
Transcribed Image Text:Lakeside Manufacturing had a beginning inventory of $60,000, an ending inventory of $90,000, a cost of goods sold (COGS) of $250,000, and a sales revenue of $400,000. What is Lakeside's days in inventory? A) 102.5 days B) 121.7 days C) 84.5 days D) 109.5 days
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