provide full solutions

a) A recent accounting statement in small SME company showed below data for their inventories. Raw materials Work-in-process Finished goods : $3,367,000 : $2,500,000 : 36000 units (cost = $ 138/unit) i. During this same year the cost of goods sold was $56 million. The company operates 50 weeks per year. Determine their total inventory (measured as weeks of supply). [2 marks Determine their inventory turnover. [2 marks b) Canon, a Japanese manufacturer of photographic equipment, decided against offshoring and kept its manufacturing and new product development processes in Japan, which has relatively high labor cost. In contrast, General Motors (GM), headquartered in United States, has a joint venture with Shanghai Auto Industry Corporation to produce cars in China. Compare and explains reasons these two companies chose different approaches to their supply chains. 16 marks