An excerpt from the last year’s final annual report ofKalamia manufacturing company reported the informationprovided in the table.Compute (a) inventory turnover and (b) weeks of supply,assuming an annual operation of 50 weeks and the cost of goodssold was €5,000,000. CATEGORY PART NO. AVERAGEINVENTORY UNIT VALUEUNITS € Raw materials RSI - 1 200 3RSI - 2 50 2RSI - 3 300 1RSI - 4 100 3, 5 Work-in-process CSI - 1 50 10CSI - 2 250 15 Finished goods FJ - 1 890 70FJ - 2 2000 77FJ - 3 870 90
An excerpt from the last year’s final annual report ofKalamia manufacturing company reported the informationprovided in the table.Compute (a) inventory turnover and (b) weeks of supply,assuming an annual operation of 50 weeks and the cost of goodssold was €5,000,000. CATEGORY PART NO. AVERAGEINVENTORY UNIT VALUEUNITS € Raw materials RSI - 1 200 3RSI - 2 50 2RSI - 3 300 1RSI - 4 100 3, 5 Work-in-process CSI - 1 50 10CSI - 2 250 15 Finished goods FJ - 1 890 70FJ - 2 2000 77FJ - 3 870 90
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 6EA: During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of...
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Question
An excerpt from the last year’s final annual report of
Kalamia manufacturing company reported the information
provided in the table.
Compute (a) inventory turnover and (b) weeks of supply,
assuming an annual operation of 50 weeks and the cost of goods
sold was €5,000,000.
CATEGORY PART NO.
AVERAGE
INVENTORY UNIT VALUE
UNITS €
Raw materials
RSI - 1 200 3
RSI - 2 50 2
RSI - 3 300 1
RSI - 4 100 3, 5
Work-in-process
CSI - 1 50 10
CSI - 2 250 15
Finished goods
FJ - 1 890 70
FJ - 2 2000 77
FJ - 3 870 90
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