Question: Given the above equation, what would the inventory turn over be for a company with: Annual Labor = 10,000 Annual Material = 60,000 Annual Overhead

Given the above equation, what would the

Given the above equation, what would the inventory turn over be for a company with:

Annual Labor = 10,000

Annual Material = 60,000

Annual Overhead = 5,000

MRO Inventory is 6,000

Taxes are 5,000

Current inventory is 20,000

2

3.75

4.3

5
inventory turnover = cost of goods sold average inventory

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