Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 25 Mar 2018 My Price 7.00

denim cloth

furniture company. denim cloth from two primary raw mate- 10-3. Mills manufactures lapped cotton, spun company. rials, cotton and dye. Work-in-process includes yarn, and undyed cloth, while finished goods includes three grades of dyed cloth. The average inventory amounts on hand at any one time last year and the unit costs are as follows. Unit Cost Average Inventory Raw Materials $2.75 70,000 lb. Cotton 5.00 125,000 gal. Dye Work-in-Process $10.50 2000 rolls Lapped cotton 5000 spools Spun yarn 26.10 500 rolls Undyed cloth Finished Goods 250 rolls $65.00 Grade 1 cloth 190 rolls 80.00 Grade 2 cloth 310 rolls 105.00 Grade 3 cloth The company operates 50 weeks per year, and its cost of goods sold for the past year was $17.5 million. Determine the companys inventory turns and weeks of supply. Barington Mills manufactures denim cloth from two primary raw materials, cotton and dye. Work-in-process includes lapped cotton, spun yarn, and undyed cloth, while finished goods includes three grades of dyed cloth. The average inventory amounts on hand at any one time last year and the unit costs are as follows. The company operates 50 weeks per year, and its cost of goods sold for the past year was $17.5 million. Determine the company's inventory turns and weeks of supply.

Answers

(5)
Status NEW Posted 25 Mar 2018 05:03 AM My Price 7.00

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