A company that produces specialized video equipment had cost of goods sold last year of $127,000,000. The average value of inventory for raw materials, work-in-process, and finished goods are shown in the table below:
If the company operates 50 weeks per year, then the weeks of supply in inventory would be
A) 4.9 weeks.
B) 0.1 week.
C) 10.2 weeks.
D) 35.8 weeks.
Correct Answer:
Verified
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