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Author Question: A television manufacturer would like to reduce its inventory. To this end, you are asked by the ... (Read 70 times)

naturalchemist

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A television manufacturer would like to reduce its inventory. To this end, you are asked by the operations manager to assess its inventory level. You have the following information on inventories from last year's financial statement:
Raw materials $1,500,000
Work-in-process $1,200,000
Finished goods $800,000
In addition, 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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Marked as best answer by naturalchemist on Apr 18, 2020

jonathanballen97

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naturalchemist

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Reply 2 on: Apr 18, 2020
YES! Correct, THANKS for helping me on my review


jackie

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Reply 3 on: Yesterday
:D TYSM

 

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