Question: House Max Builders constructs modular homes, and last year their cost of goods sold was $18,500,000. It operates 50 weeks per year. The company has

House Max Builders constructs modular homes, and last year their cost of goods sold was $18,500,000. It operates 50 weeks per year. The company has the following inventory of raw materials, work-in-process, and finished goods.

Determine the number of inventory turns and the days of supply for HouseMax.

Raw Materials Average Inventory 7200 4500 3200 4800 6900 Unit Cost $8.50 7.20 15.40 13.70 10.50 Work-in-Process Average Inventory 100 70 60 35 Unit Cost $16.200 13,500 6,100 14,400 Finished Goods Model X Model Y Model Z $78.700 65,300 86,000 20

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