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Problem 10.5 House Max Builders constructs modular homes, and last year their cost of goods sold was $18,600,000. It operates 50 weeks per year. The
Problem 10.5 House Max Builders constructs modular homes, and last year their cost of goods sold was $18,600,000. It operates 50 weeks per year. The company has the following inventory of raw materials, work-in-process, and finished goods Average Inventory Raw Materials 7,500 4,600 2,800 5,000 7,000 Unit Cost $8.90 6.70 15.80 13.30 11.30 Average Inventory Work-in-Process 100 80 70 30 Unit Cost $16,800 14,500 5,900 14,100 Average Inventory Finished Goods Model X Model Y Model Z Unit Cost $75,100 66,700 84,200 17 8 Determine the number of inventory turns and the days of supply for the House Max. (Round answers to 2 decimal places, e.g. 52.52. Use 365 days for calculation. Number of inventory turns Days of supply
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