If Work in Process Inventory Is $900 and Cost of Goods

question 28

Multiple Choice

If work in process inventory is $900 and cost of goods sold is $16,425,what is days' sales in work in process inventory?

• A)21 days
• B)6 days
• C)5 days
• D)20 days
• E)18 days

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Definitions:

Demand

The quantity of a good or service that consumers are willing and able to purchase at a given price over a specified period of time.

Constraint

A limitation or restriction in a problem-solving or decision-making process, often imposed by the requirements or conditions of a scenario.

Cutting Pattern

A specified arrangement or plan for cutting materials, used in manufacturing or textile production to maximize efficiency or output.

Solver

A tool or algorithm used to find the solution to mathematical problems or optimize certain parameters within constraints.