Question: Need some help on this problem The average COGS per case is $40. 50 cases fit per full pallet. Your recommended target average davs of

Need some help on this problem

Need some help on this problem The average COGS per case is

The average COGS per case is $40. 50 cases fit per full pallet. Your recommended target average davs of inventory, by product type, is: Snacks: 30 days Beverages: 7 days for Q1; 14 days for Q2 and Q3; 3 days for Q4 2019 forecasted sales, in COGS ($MM USD); JAN FEB | MAR APR JUN | JUL AUG | SEP | OCT | NOV | DEC 9.1 12.58.5 10.4 11.6 3.1 8.8 9.7 9.3 2.5 9.3 2.9 9.2 5.7 15.221.117.3 16.17.4 Snacks 9.1 2.2 Beverages|2.5 What is the average annual carrying cost of inventory, assuming a 9% cost of capital? Show your work or intermediate steps

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