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last years cost of goods sold was $40 million. It carried an average raw material inventory of $15.5 million , average W-I-P of $10.1 million,
last year’s cost of goods sold was $40 million. It carried an average raw material inventory of $15.5 million , average W-I-P of $10.1 million, and average finished goods inventory of $5.3 million. The company operates 365 days per year.
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