The owner of a large machine shop has just finished its financial analysis from the prior fiscal year. Following is an excerpt from the final report: Met revenue $373,000 Cost of goods sold 320,000 Value of production materials on hand 42,588 Value of work-in-process inventory 57,8089 Value of finished goods on hand 22,588 a. Compute the inventory turnover ratio (ITR). (Round your answer to 1 decimal place.) F Tperen | b. Compute the weeks of supply (WS). (Do not round intermediate calculations. Round your answer to 1 decimal place.)