Starbright Manufacturing reported an operating cycle of 90 days last year. The company had $310,000 in accounts receivable and total sales of $2.48 million. How many days does it take from the time raw materials are received until the finished products are sold?

Starbright Manufacturing reported an operating cycle of 90 days last year. The company had $310,000 in accounts receivable and total sales of $2.48 million. How many days does it take from the time raw materials are received until the finished products are sold?

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter17: Activity Resource Usage Model And Tactical Decision Making

Section: Chapter Questions

Problem 6E: Elliott, Inc., has four salaried clerks to process purchase orders. Each clerk is paid a salary of...

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Question

accounting question

Starbright Manufacturing reported an operating
cycle of 90 days last year. The company had
$310,000 in accounts receivable and total sales of
$2.48 million. How many days does it take from
the time raw materials are received until the
finished products are sold?

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