Question: One Builder constructs modular homes, and last year their cost of goods sold was $18,500,000. It operates 50 weeks per year. The company has the
One Builder constructs modular homes, and last year their cost of goods sold was $18,500,000. It operates 50 weeks per year. The company has the following on-hand inventory of raw materials, work-in-process, and finished goods.
A) What is the number of inventory turns? Round to 2 decimal places.
B) How many days of supply does the builder have if they operate 50 weeks per year, 7 days per week? Round to 2 decimal places.
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