34) A manufacturing company wants to determine their days' inventory using data from the past three quarters. Raw materials remained in inventory for 26 days in the rst quarter, 35 days in the second and 31 days in the third. The conversion process from raw to finished goods ran 12, 17 and 16 days respectively. The finished goods remained in inventory for 30, 20 and 35 days respectively. Which of the following correctly calculates days' inventory? a. 43 days b. 46 days c. 74 days (1. 222 days