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1. Half of the company's cost of goods sold last year was $1.73 million and operates 47 weeks per year. The company has total end-of-year

1. Half of the company's cost of goods sold last year was $1.73 million and operates 47 weeks per year. The company has total end-of-year asset of $3.8 million in 2012 and expected to have an increase of 9% as a new total asset. This year, the first term of the year inventory was $85,000 and second term is projected to be 20% more. Calculate for the year items based on the following questions:

a) Inventory Turnover (TURNS)

b) Day of Supply (DOS)

c) Week of Supply (WOS)

d) Percentage Invested in Inventory (PIII)

2. The company has purchased 250 units of products with cost of $1.23 each. After involved some processing, 80% of the products were sold at $4.99. The company has total assets of $300,000 and operates 47 weeks per year. Calculate the

a) Inventory Turnover

b) Percentage Invested in Inventory (PIII)

3. ACC Cafe has a total end-of-year asset of $6.5 million in 2019. This year (2020) they expect to have as increase of 15% of a new total asset. This year also, their first six months (1 term) of the year inventory was $335,000 and second six months of the year was increased 25% from the first term. The annual cost of goods sold was $8.5 million. The cafe only closed for four weeks a year. Calculate for this year items based on the following questions:

a) Inventory Turnover (TURNS)

b) Day of Supply (DOS)

c) Week of Supply (WOS)

d) Percentage Invested in Inventory (PIII)

4. ABC Drinks Enterprise has the following annual report; net revenue in 2019 ($32.5 million), cost of goods sold ($14.2 million), raw material ($0.74 million), WIP ($0.11 million), MRO ($0.84 million), and Food Machines ($4.5 million). The company closed two weeks in a year. The company's total asset is $50 million.

Find out

a) Inventory Turnover (TURNS)

b) Percentage Invested in Inventory (PIII)

5. ABF enterprise produces an item for RM 50 and sells it for RM 70. The total annual sales and average stock of inventory are 11500 units and 1800 units, respectively. The carrying cost is 20% of its acquisition cost. Company's operation 49 weeks in a year. Calculate:

a) Inventory Turnover

b) Weeks of supply

6. ABC company operates 357 days per year with COGS of $1.23 million. Materials involved into products costs are $5,000 per week. Find out the turnover and days of supply.

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