Accounts payable 80 accounts receivable 100 capital stock 120 cash 30 cost of goods sold 600 inventory 200 long-term debt 400 net income 80 property, plant, and equipment (net) 500 retained earnings 230 sales 1,000 compute number of days’ sales in inventory. note: if you need to compute the average balance for any account, assume that the beginning-of-year balance is the same as the end-of-year balance reported above.
292.0 days
30.0 days
121.7 days
33.3 days
60.0 days

Make or buy eastside company incurs a total cost of $120,000 in producing 10,000 units of a component needed in the assembly of its major product. the component can be purchased from an outside supplier for $11 per unit. a related cost study indicates that the total cost of the component includes fixed costs equal to 50% of the variable costs involved. a. should eastside buy the component if it cannot otherwise use the released capacity? present your answer in the form of differential analysis. use negative sign represent a net disadvantage answer; otherwise do not use negative signs with your answers. cost from outside supplier $answer variable costs avoided by purchasing answer net advantage (disadvantage) to purchase alternative $answer b. what would be your answer to requirement (a) if the released capacity could be used in a project that would generate $50,000 of contribution margin? use negative sign represent a net disadvantage answer; otherwise do not use negative signs with your answers.