The king corporation has ending inventory of $481,060, and cost of goods sold for the year just ended was $4,016,851. a. what is the inventory turnover? (do not round intermediate calculations. round your answer to 2 decimal places, e. g., 32.16.) b. what is the days' sales in inventory? (use 365 days a year. do not round intermediate calculations. round your answer to 2 decimal places, e. g., 32.16.) c. how long on average did a unit of inventory sit on the shelf before it was sold? (use 365 days a year. do not round intermediate calculations. round your answer to 2 decimal places, e. g., 32.16.)

Which one of the following is never part of recording the requisition and issuance of raw materials in a job order cost system? debit finished goods inventory debit manufacturing overhead credit raw materials inventory debit work in process

Tandard product costs deerfield company manufactures product m in its factory. production of m requires 2 pounds of material p, costing $4 per pound and 0.5 hour of direct labor costing, $10 per hour. the variable overhead rate is $8 per direct labor hour, and the fixed overhead rate is $12 per direct labor hour. what is the standard product cost for product m? direct material answer direct labor answer variable overhead answer fixed overhead answer standard product cost per unit answer

Google started as one of many internet search engines, amazon started as an online book seller, and ebay began as a site where people could sell used personal items in auctions. these firms have grown to be so large and dominant that they are facing antitrust scrutiny from competition regulators in the us and elsewhere. did these online giants grow by fairly beating competition, or did they use unfair advantages? are there any clouds on the horizon for these firms -- could they face diseconomies of scale or diseconomies of scope as they continue to grow? if so, what factors may limit their continued growth?