Abbot corporation has an average collection period of 49 days, an inventory abburi company's manufacturing overhead is
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Abbot corporation has an average collection period of 49 days, an inventory abburi company's manufacturing overhead is 60 of its total conversion costs if direct labor is $52,000 and if direct materials are $28,000, the manufacturing overhead isperiod of 83 days, and a payables deferrable period of 36 days what is abbotts operating cycle
a. 96 days
b. 70 days
c. 85 days
d. 132 days
Related Book For
Introduction to Corporate Finance What Companies Do
ISBN: 978-1111222284
3rd edition
Authors: John Graham, Scott Smart
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