Problemdenver interiors inc has sales of 836000 and cost of, Ask an Expert

Accounting

Problem:

Denver Interiors, Inc. has sales of $836,000 and cost of goods sold of $601,000. The firm had a beginning inventory of $36,000 and an ending inventory of $47,000.

Required:

Question: What is the length of the inventory period?

Note: Explain in detail and show all computations in proper way.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91173342

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