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Cost of goods sold 18,500,000.00 Raw Materials Average Inventory Unit Cost 1 7,200 $8.50 2 4,500 $7.20 3 3,200 $15.40 4 4,800 $13.70 5 6,900

Cost of goods sold

18,500,000.00

Raw Materials
Average Inventory Unit Cost
1 7,200 $8.50
2 4,500 $7.20
3 3,200 $15.40
4 4,800 $13.70
5 6,900 $10.50
Work-in-Progress
100 $16,200.00
70 $13,500.00
60 $6,100.00
35 $14,400.00
Finished Goods
Model X 20 $78,700.00
Model Y 10 $65.300.00
Model Z 10 $86.000.00

Max House Builders

Max House Builders builds modular homes.

Last year its cost of goods sold was 18.5 million.

It operates 50 weeks per year

The company has the above inventory of raw materials

Determine the number of inventories turns and the days of supply for Max

House Builders

Explain what can Max Housebuilder do with the information?

Show your Calculations

NOTE: You are welcome to use an excel spreadsheet to show your calculations.

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