Help Save & Exit Submit Check my work 02.3 (Algo) Inventory Cost (2.4) 361 A manufacturing company producing medical devices reported $192,000,000 in sales over the last year. At the end of the same year, the company had $80,000,000 worth of inventory of ready-to-ship devices. a. Assuming that units in inventory are volued (based on COGS) at $2,000 per unit and are sold for $4.000 per unit, what are the annual inventory turns? The company uses a 29 percent per year cost of inventory. That is for the hypothetical case that one unit of $2,000 would sit exactly one year in inventory, the company charges its operations division a $580 inventory cost. (Round the answer to 2 decimal places.) Tums per year b. What is the per unit inventory cost in s for a product that costs $2,000? (Round the answer to 2 decimal places.) Absolute inventory cool