Lindsay Electronics, a small manufacturer of electronic research equipment, has approximately 6,800 items in its inventory and has hired Joan Blasco-Paul to manage its inventory. Joan has determined that 8% of the items in inventory are A items, 30% are B items, and 62% are C items. She would liké to set up a system in which all A items are counted monthly (every 21 working days), all B items are counted quarterly (every 60 working days), and all C items are counted semiannually (every 122 working days). How many items need to be counted each day? The total number of items that need to be counted each day is items (roundyour response to the nearest whole number).

Lindsay Electronics, a small manufacturer of electronic research equipment, has approximately 6,800 items in its inventory and has hired Joan Blasco-Paul to manage its inventory. Joan has determined that 8% of the items in inventory are A items, 30% are B items, and 62% are C items. She would liké to set up a system in which all A items are counted monthly (every 21 working days), all B items are counted quarterly (every 60 working days), and all C items are counted semiannually (every 122 working days). How many items need to be counted each day? The total number of items that need to be counted each day is items (roundyour response to the nearest whole number).

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

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Lindsay Electronics, a small manufacturer of electronic research equipment, has approximately 6,800 items in its
inventory and has hired Joan Blasco-Paul to manage its inventory. Joan has determined that 8% of the items in
inventory are A items, 30% are B items, and 62% are C items. She would liké to set up a system in which all A items
are counted monthly (every 21 working days), all B items are counted quarterly (every 60 working days), and all C
items are counted semiannually (every 122 working days). How many items need to be counted each day?
The total number of items that need to be counted each day is items (round your response to the nearest whole
number).

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