Question: Do the second one based on the first one question = Homework: Chap... Question 1, Problem 3 HW Score: 66.67% 2 of 3 points Part

Do the second one based on the first one question
Do the second one based on the first one question
Do the second one based on the first one question
= Homework: Chap... Question 1, Problem 3 HW Score: 66.67% 2 of 3 points Part 2 of 2 Points: 0 of 1 Save Jack Jones, the materials manager at Precision Enterprises, is beginning to look for ways to reduce inventories. A recent accounting statement shows that the Inventory investment for raw materials is 53 824 900, for work-in-process is 56,655,000, and for finished goods is 52,816,000. This year's cost of goods sold will be re about $41,496,000. Assume that there are 52 business weeks per year a. Express tatal inventory as weeks of supply The weeks of supply is 16.7 weeks (Enter your response rounded to one decimal place) b. Express total inventory as inventory turns on The inventory tumover is 311 tums per year. (Enter your response rounded to one decimal place) *** E Homework: Chap... Question 1. Problem 3 HW Score: 66.67%, 2 of 3 points Part 1 of 2 Points: 0 of 1 Save ked: Jack Jones, the materials manager at Precision Enterprises, is beginning to look for ways to reduce inventories Arecent accounting statement shows that the inventory investment for raw materials is 53 878 800 for work in process is 56,853,000 and for finished goods is $2651,000 This year's cost of goods sold will be Score about $30,420,000. Assume that there are 52 business weeks per your a. Express total inventory as weeks of supply The weeks of supply is weeks (Enter your response rounded to one decimal place.) stion

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!