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
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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
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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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