The Following Information Was Available for Bowyer Company at December

question 167

Multiple Choice

The following information was available for Bowyer Company at December 31, 2017: beginning inventory $90,000; ending inventory $70,000; cost of goods sold $800,000; and sales $1,100,000. Bowyer's days in inventory in 2017 was

• A)26.4 days.
• B)36.5 days.
• C)32.0 days.
• D)41.0 days.

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Definitions:

Rough Terrain

Uneven, rocky, or irregular ground that requires specialized equipment or vehicles to navigate effectively.

Spec'ing

The act of specifying or determining the precise technical requirements or specifications for equipment, processes, or systems.

Cost Factors

Elements that influence the total expenses incurred in the production, operation, or maintenance of a system, product, or service.

Operating A Truck

The process of controlling and managing a truck, including driving, loading, and maintenance.