Maurice Tutor

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    Argosy University/ Phoniex University/
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    Phoniex University
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Category > Management Posted 27 Feb 2018 My Price 3.00

inventory level

A manufacturer would like to reduce its inventory. You are asked to assess its inventory level. You have the following information on average inventories from last year's financial statement: Raw materials $1,600,000 Work-in-process $1,100,000 Finished goods $900,000 The cost of goods sold last year (50 weeks) was $20 million. a. What is its total inventory (measured as weeks of supply)? b. What is its inventory turnover?

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Maurice Tutor
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Status NEW Posted 27 Feb 2018 04:02 PM My Price 3.00

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