Question: Given the following company data: Raw Materials = $17,500,000 Work-in-Process = $9,300,000 Finished Goods = $6,400,000 Cost of Goods Sold = $470,000,000 Open 365 days

Given the following company data:

Raw Materials = $17,500,000 Work-in-Process = $9,300,000 Finished Goods = $6,400,000

Cost of Goods Sold = $470,000,000

Open 365 days a year

What is the average aggregate value of inventory?

A. $33,200,000

B. $1,287,671

C. $90,959

D. $11,066,667

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