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Henly Custom Automotive Interiors has collected the following information from the past two years. You are a new hire as a Procurement Specialist and have
Henly Custom Automotive Interiors has collected the following information from the past two years. You are a new hire as a Procurement Specialist and have been asked to look at and comment on their inventory performance. Rounded to One decimal place, what is the Days of Supply for 2020?
Cost of goods sold Raw Materials WIP Finished Goods Operating Supplies 2019 6,450,000 215,500 560,000 350,800 99,500 2020 7,960,000 230,400 580,000 362,000 118,200 Step by Step Solution
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