Managerial Accounting
Managerial Accounting
6th Edition
ISBN: 9781259726972
Author: John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher: McGraw-Hill Education
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Chapter C, Problem 11E

Use the information below for Tesla to answer the requirements.

Chapter C, Problem 11E, Use the information below for Tesla to answer the requirements. 1. Compute days’ sales in work in

1. Compute days’ sales in work in process inventory for the current year. Round to the nearest day.
2. If the company’s work in process inventory were 5% lower, by how many days would days’ sales in work in process inventory be reduced? Round to the nearest day.
3. If the company’s cost of goods sold were 12% higher, by how many days would days’ sales in work in process inventory be reduced? Round to the nearest day.

Exercise C-11
Days’ sales in work in process inventory
A2

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