6. The table below presents data for COGS and ending inventory for the first 6 months of 2015 for AndyCd, Inc. Each month has 30 days. DEC JAN FEB MAR APR MAY JUNE COGS 225 100 40 125 Ending inventory 150 50 200 62 90 28 62 a. Calculate the number of days of COGS held in inventory for March, April, May, and June. Use quarterly COGS to calculate average daily COGS. Discuss your findings in part a. What is happening with AndyCo's investment in inventory? Below is a purchasing schedule and a schedule showing the dollar amount of those purchases remaining as an inventory balance for successive months. Calculate a balance-fraction matrix and discuss what it shows about the firm's management of its inventory balance. ENDING INVENTORY BALANCES ARR MAY PURCHASES FEB MAR JUNE 160 31 15 Feb Mar 237 47 23 39 19 Apr 200 105 23 11 May 17 June 76 62 42 NA End-of-Month Inventory w HA 6. The table below presents data for COGS and ending inventory for the first 6 months of 2015 for AndyCd, Inc. Each month has 30 days. DEC JAN FEB MAR APR MAY JUNE COGS 225 100 40 125 Ending inventory 150 50 200 62 90 28 62 a. Calculate the number of days of COGS held in inventory for March, April, May, and June. Use quarterly COGS to calculate average daily COGS. Discuss your findings in part a. What is happening with AndyCo's investment in inventory? Below is a purchasing schedule and a schedule showing the dollar amount of those purchases remaining as an inventory balance for successive months. Calculate a balance-fraction matrix and discuss what it shows about the firm's management of its inventory balance. ENDING INVENTORY BALANCES ARR MAY PURCHASES FEB MAR JUNE 160 31 15 Feb Mar 237 47 23 39 19 Apr 200 105 23 11 May 17 June 76 62 42 NA End-of-Month Inventory w HA