Average value of inventory for raw materials


A company that produces printer cartridges had cost of good sold last year of $629,462,423. The average value of inventory for raw materials, work-in-process and finished goods are shown in the table below:

Raw Materials $7,367,528

Work-in-process $22,893,232

Finished Goods $16,523,451

If the company operates 50 weeks per year then the weeks of supply in inventory would be

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Business Management: Average value of inventory for raw materials
Reference No:- TGS071670

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