Question: Below is data on COGS and ending inventory for the first 6 months of 2015 for Wynn Manufacturing, Inc. Each month has 30 days. Jan

  1. Below is data on COGS and ending inventory for the first 6 months of 2015 for Wynn Manufacturing, Inc. Each month has 30 days.

    Jan

    Feb

    Mar

    Apr

    May

    June

    COGS

    1000

    1500

    2100

    2700

    3500

    4800

    Ending Inventory

    300

    450

    630

    810

    1050

    1440

    Average Daily COGS (quarterly)

    DIH

    What is the average daily COGS in April?

    a.

    70

    b.

    92

    c.

    51

    d.

    122

  2. Following Question 37, what is the DIH in June?

    a.

    10.39

    b.

    12.33

    c.

    13.57

    d.

    11.78

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