general accounting question XYZ Electronics has total annual sales of 4,500 units, anaverage inventory level of 375 units, and annual workingdays of 365 days. What is the inventory days of supply(DOS)?A) 30 daysB) 25 daysC) 35 daysD) None of the above

Step 1: Definition of Inventory Days of Supply (DOS)The Inventory Days of Supply (DOS), also known…

Answered: XYZ Electronics has total annual sales…

Excel Applications for Accounting Principles

4th Edition

ISBN:9781111581565

Author:Gaylord N. Smith

Publisher:Gaylord N. Smith

Chapter7: Inventory Cost Flow Assumptions (fifolifo)

Section: Chapter Questions

Problem 9R: Click the Chart sheet tab. On the screen is a column chart showing ending inventory costs. During a...

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Let us suppose that the Apex Corporation's total annual sales are 4,800 units, the average inventory level is 400 units, and the annual working days are 320 days. The inventory days of supply (DOS) are____. a. Somewhere between 30 and 31 days. b. 26.67 days. c. 20.38 days. d. None of the above.answer
What is the inventory days of supply?
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Let us suppose that the Apex Corporation's total annual sales are 4,800 units, the average inventory level is 400 units, and the annual working days are 320 days. The inventory days of supply (DOS) are____. a. Somewhere between 30 and 31 days. b. 26.67 days. c. 20.38 days. d. None of the above.
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Let us suppose that the abc company total annual sales solution this question
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Click the Chart sheet tab. On the screen is a column chart showing ending inventory costs. During a deflationary period, which bar (A, B, or C) represents FIFO costing, which represents LIFO costing, and which represents weighted average? Explain your reasoning. On January 4 following year-end, Rio Enterprises received a shipment of 60 units of product costing 580 each. These units had been ordered by Del in December and had been shipped to him on December 27. They were shipped FOB shipping point. Revise the FIFOLIFO3 worksheet to include this shipment. Preview the printout to make sure that the worksheet will print neatly on one page, and then print the worksheet. Save the completed file as FIFOLIFOT. Using the FIFOLIFO3 file, prepare a 3-D bar (stacked) chart showing the cost of goods sold and ending inventory under each of the four inventory cost flow assumptions. No Chart Data Table is needed. Use the values in the Calculations Section of the worksheet for your chart. Enter your name somewhere on the chart. Save the file again as FIFOLIFO3. Print the chart.
Langstons purchased $3,100 of merchandise during the month, and its monthly income statement shows a cost of goods sold of $3,000. What was the beginning inventory if the ending inventory was $1,250?

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XYZ Electronics has total annual sales of 4,500 units, an average inventory level of 375 units, and annual working days of 365 days. What is the inventory days of supply (DOS)? A) 30 days B) 25 days C) 35 days D) None of the above