Question: Compute the operating cycle from the following information given below Raw material consumption 66,000,000 Total Production cost 150,000,000 Total Cost of Sales 157,500,000 Sales for
Compute the operating cycle from the following information given below
| Raw material consumption | 66,000,000 |
| Total Production cost | 150,000,000 |
| Total Cost of Sales | 157,500,000 |
| Sales for the year | 240,000,000 |
| Average Raw Material inventory | 4,800,000 |
| Average WIP inventory | 5,250,000 |
| Average Finished goods inventory | 3,900,000 |
| Average receivable outstanding | 7,200,000 |
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