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Question 2 0.2 pts Gold Standard Works operates 52 weeks per year, and its cost of goods sold last year was $11,908,000. The firm

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Question 2 0.2 pts Gold Standard Works operates 52 weeks per year, and its cost of goods sold last year was $11,908,000. The firm carries eight items in inventory: four raw materials, two work-in-process items, and two finished goods. The following table shows last year's average inventory levels for these items, along with their unit values. Category Part Number Average Inventory Units Value per unit Raw materials RM-1 22,000 $1 RM-2 5,000 $5 RM-3 2,000 $9 RM-4 800 $10 Work-in-process WIP-1 3,000 $20 WIP-2 3,092 $24 Finished goods FG-1 1,000 $57 FG-2 568 $88 What is the average aggregate inventory value? (Enter your response as an integer.)

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