-The Above Table Gives Techniques Jitters Coffee Company Can Use

question 42

Multiple Choice

-The above table gives techniques Jitters Coffee Company can use to package 5,000 pounds of coffee. Which technique(s) is (are) technologically inefficient?

• A) A
• B) C
• C) B and C
• D) B, C, and D

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Definitions:

COGS

The cost of goods sold; it represents the direct costs attributable to the production of goods sold in a company.

Inventory Period

The average time an item remains in inventory before being sold, indicating the efficiency of inventory management.

Accounts Payable Period

The average amount of time it takes for a business to pay its invoices from suppliers and creditors.

Accounts Receivable Period

The standard length of time required for an enterprise to collect receivables from clients for credit sales of goods or services.