Question: The following data below gives information for Hammer's Custom Fabrics. Cost of goods sold last year was 1004770 and the average aggregate inventory on raw

The following data below gives information for Hammer's Custom Fabrics. Cost of goods sold last year was 1004770 and the average aggregate inventory on raw materials is 28,000, work in process (WIP) is 4,500 and the finished goods is 46,250.

Calculate the weeks of Supply for last year, rounded to one decimal place.

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Certainly To calculate the weeks of supply for Hammers Custom Fabrics we can follow these steps Calculate the total average inventory Aggregate the average inventory for raw materials work in process ... View full answer

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