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The table below presents data for COGS and ending inventory for the first 6 months of 2015 for AndyCo, Inc. Each month has 30 days.
The table below presents data for COGS and ending inventory for the first 6 months of 2015 for AndyCo, Inc. Each month has 30 days. 6. DEC JUNE JAN FEB MAR APR MAY 100 COGS 125 150 225 200 90 Ending inventory 40 50 62 62 42 28 Calculate the number of days of COGS held in inventory for March, April, May, and June. Use quarterly COGS to calculate average daily COGS. Discuss your findings in part a. What is happening with AndyCo's investment in inventory? Below is a purchasing schedule and a schedule showing the dollar amount of those purchases remaining matrix and discuss what it shows about the firm's management of its inventory balance. a. b. C. as an inventory balance for successive months. Calculate a balance-fraction
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