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A company that produces small electric motors for treadmills had cost of goods sold last year of $241,000,000. The average value of inventory for raw
A company that produces small electric motors for treadmills had cost of goods sold last year of $241,000,000. The average value of inventory for raw materials, work-in-process, and finished goods are shown in the table below: Raw Materials $12,379,000 Work-In-Process $7,631,000 Finished Goods $9,275,000 If the company operates 365 days a year, the days of supply being held in inventory is ________ and number of inventory turns is ___________
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