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Just-in-Time Inventories Nevada Manufacturing Company uses the perpetual inventory system and plans to use raw materials costing $2,100,000 in making its products during, Nevada will

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Just-in-Time Inventories Nevada Manufacturing Company uses the perpetual inventory system and plans to use raw materials costing $2,100,000 in making its products during, Nevada will operate its factory 300 days during the year. Currently, Nevada follows the just-in-case philosophy with its raw materials inventory, keeping raw materials costing 520,000 in its raw materials inventory Nevada plans to switch to the just in time manufacturing philosophy by keeping only the raw materials needed for the next two days of production. Calculate the new raw materials inventory level after Nevada implements the just-in-time manufacturing philosophy Just in Time Inventories Raw Material used per days o Raw material inventory level: $0 Chuck

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