
Managerial Accounting - Connect Access
7th Edition
ISBN: 9781260482973
Author: Wild
Publisher: MCG
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Textbook Question
Chapter C, Problem 11E
Use the information below for Tesla to answer the requirements.
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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Chapter C Solutions
Managerial Accounting - Connect Access
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