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The Bawl Corporation supplies alloy ball bearings to auto manufacturers in Detroit. Because of its specialized manufacturing process, considerable work-in-process and raw materials are
The Bawl Corporation supplies alloy ball bearings to auto manufacturers in Detroit. Because of its specialized manufacturing process, considerable work-in-process and raw materials are needed. The current inventory levels are $2,660,000 and $1,510,000, respectively. In addition, finished goods inventory is $1,610,000 and sales (at cost) for the current year are expected to be about $70 million. Assume that there are 52 business weeks per year a. Express total inventory as weeks of supply The weeks of supply is weeks. (Enter your response rounded to one decimal place.) b. Express total inventory as inventory tums The inventory tumover is turns per year. (Enter your response rounded to one decimal place.)
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