Question: 7a please s. The table below presents data for CoGs and ending Inventory for the first 6 months of 2015 for AndyCo, Inc. Each month
s. The table below presents data for CoGs and ending Inventory for the first 6 months of 2015 for AndyCo, Inc. Each month has 30 days DEC AP MAY coas Ending inventory 50225 200 290 s0 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 matrix and discuss what it shows about the firm's management of its inventory bala a. b. c. balance-fraction nce. ENDING INVENTORY BALANCES PURCHASES FEB MAR APR MAY UNE 160 237 200 105 76 47 23 39 19 May June 17 End-of-Month Inventory 42 28 7. Below is data on COGS and ending inventory for the first 6 months of 2015 for Wynn Manufacturing, Inc. Each month has 30 days. DEC JAN FEB MARAPR MAYJUNE CoGs 1,000) 1,500 2,100 2,700 3,500 4800 1050 1440 Ending inventory 300450630 810 a. Calculate the number of days of COGS held in inventory for March, April, May, and June Assume quarterly COGS is used to calulate average daily COGS. b. Discuss your findings in part a. What is happening with the firm's investment in inventory
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