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Category > Business & Finance Posted 02 Jun 2017 My Price 5.00

A manufacturing company producing medical devices reported $60,000,000

A manufacturing company producing medical devices reported $60,000,000 in sales over the last year. At the end of the same year, the company had $20,000,000 worth of inventory of ready-to-ship devices.

a. Assuming that units in inventory are valued (based on COGS) at $ 1 ,000 per unit and are sold for $2,000 per unit, how fast does the company tum its inventory? The company uses a 25 percent per year cost of inventory. That is, for the hypothetical case that one unit of $ 1 ,000 would sit exactly one year in inventory, the company charges its operations division a $250 inventory cost.

b. What-in absolute terms-is the per unit inventory cost for a product that costs $1,000?

 

Answers

Alpha Geek
(8)
Status NEW Posted 02 Jun 2017 09:06 AM My Price 5.00

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Attachments

file 1496394722-1914993_1_636318834752939774_Inventory-cost-and-turn-over.xlsx preview (186 words )
19-----------149-----------93&-----------amp-----------;am-----------p;i-----------nfo-----------Id=-----------336-----------485-----------(In-----------ven-----------tor-----------y C-----------ost-----------) A----------- ma-----------nuf-----------act-----------uri-----------ng -----------com-----------pan-----------y p-----------rod-----------uci-----------ng -----------med-----------ica-----------l d-----------evi-----------ces----------- re-----------por-----------ted----------- $6-----------0,0-----------00,-----------000----------- in----------- sa-----------les----------- ov-----------er -----------the----------- la-----------st -----------yea-----------r. -----------At -----------the----------- en-----------d o-----------f t-----------he -----------sam-----------e y-----------ear-----------, t-----------he -----------com-----------pan-----------y h-----------ad -----------$20-----------,00-----------0,0-----------00 -----------wor-----------th -----------of -----------inv-----------ent-----------ory----------- of----------- re-----------ady------------to------------sh-----------ip -----------dev-----------ice-----------s.$-----------Rep-----------ort-----------ed -----------sal-----------es -----------for----------- th-----------e y-----------ear-----------End----------- in-----------ven-----------tor-----------y f-----------or -----------the----------- ye-----------ara-----------. A-----------ssu-----------min-----------g t-----------hat----------- un-----------its----------- in----------- in-----------ven-----------tor-----------y a-----------re -----------val-----------ued----------- (b-----------ase-----------d o-----------n C-----------OGS-----------) a-----------t $----------- 1 -----------,00-----------0 p-----------er -----------uni-----------t a-----------nd -----------are----------- so-----------ld -----------for----------- $2-----------,00-----------0 p-----------er -----------uni-----------t, -----------how----------- fa-----------st -----------doe-----------s
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