Periodic Inventory Calculation: At a long-term care facility in which you are the manager, orders for nonperishables are placed every week. Quick oats are purchased in 18lb sacks, and are used at the rate of 2lb per day. Delivery normally takes 4 days from the date an order is placed. Today is ordering day, and there are 2 pounds of oats currently on hand. At the end of the next period, 10 pounds should be on hand. Using the periodic inventory formula, how many pounds of quick oats are needed? Periodic Inventory Calculation: At a long-term care facility in which you are the manager, orders for nonperishables are placed every week. Quick oats are purchased in 18lb sacks, and are used at the rate of 2lb per day. Delivery normally takes 4 days from the date an order is placed. Today is ordering day, and there are 2 pounds of oats currently on hand. At the end of the next period, 10 pounds should be on hand. Using the periodic inventory formula, how many pounds of quick oats are needed