Intel has $4.273 (million) worth of inventory and their COGS are $12,010 (million). Their average holding cost per unit per year is $114.34. What is the average inventory cost per unit for Intel? Instruction: Round your answer to the nearest $0.01. The average inventory cost per unit
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- Based on the following information, how many days of supply of inventory is the firm holding (assuming 260 days of operation per year)? Do not round intermediate calculations. Round your answer to one decimal place. Sales $8,300,000 Cost of goods sold $7,540,000 Gross profit $760,000 Overhead costs $600,000 Net profit $160,000 Total inventory $2,600,000 Fixed assets $3,100,000 Long-term debt $2,300,000 a. 89.7 days b. 286.2 days c. 81.4 days d. 236.2 daysKelley, Inc. provided the following account balances for 2018: Cost of Goods Sold (Cost of sales) Beginning Merchandise Inventory Ending Merchandise Inventory $1,300,000 330,000 350.000 Calculate the average number of days that inventory was held by Kelley, Inc. during 2018. (Assume 365 days in a year. Round your intermediate calculations and final answer to two decimal places.) O A. 191.10 days O B. 92.64 days O C. 95.55 days O D. 98.38 daysCalculate the percentage of assets committed to inventory, where Panda Inc has $44,000,000 in total assets and 11,400,000 of inventory. Please provide the numerical answer to the one decimal place.
- Baker Mfg Inc. wishes to compare its inventory turnover to those of industry leaders, who have turnover of about 13 times per year and 8% of their assets invested in inventory Baker Mfg. Inc. a) What is Baker's inventory turnover? Cost of Sales Inventory Inventory Turnover = b) What is Baker's percentage of assets committed to inventory? Inventory Total Assets Net Revenue Cost of sales Inventory Total assets = 16.25 times per year (round your response to two decimal places) Percentage of Assets Committed to Inventory = $27,500 $19,890 $1,224 $17,403 x 100% = 7.03% (enter your response as a percentage rounded to two decimal places). c) How does Baker's performance compare to the industry leaders? You already determined that Baker has a turnover of 16.25 versus 13 for the industry and 7.03% of its assets invested in inventory versus 8% for the industry. Using inventory turnover as a measure of supply chain performance, Baker's performance isInventory Management Williams & Sons last year reported sales of $39 million, cost of goods sold (COGS) of $30 million, and an inventory turnover ratio of 5. The company is now adopting a new inventory system. If the new system is able to reduce the firm's inventory level and increase the firm's inventory turnover ratio to 6 while maintaining the same level of sales and COGS, how much cash will be freed up? Do not round intermediate calculations. Enter your answer in dollars. For example, an answer of $1.23 million should be entered as 1,230,000,000. Round your answer to the nearest dollar.A manufacturer of computers sells 4,300 units per year. On average, the manufacturer has 1,700 computers in inventory. Round your answer to one decimal place. What are the manufacturer's annual inventory turns? turns per year
- A restaurant has annual sales of $423,000, an average inventory of $6,300, and an annual cost of goods sold of $260,000. (Round your answer to 1 decimal place.) What is the restaurant's days-of-supply of inventory? (Assume 365 days per year.) daysRaytheon Co. has $4139 (million) worth of inventory and their COGS are $16,860 (million). Their average holding cost per unit per year is $4075 What is the average inventory cost per unit for Raytheon Co? Instruction Round your answer to the nearest $0.01 The average inventory cost per unt what is the average inventory cost pee unit?A grocery chain recently reported annual sales of $89 billion, inventory of $5.8 billion,and annual cost of goods sold of $64 billion. What are the firm’s annual inventoryturns?
- You are given the following information regarding sales and inventory levels over time for your firm Year 2010 Sales $12,502.00 $13,456.00 $17.945.00 $15,326.00 $14,464.00 Given this information, determine the level of safety stock that the firm holds. 2011 2012 2013 2014 $1.131.72 $1.193.09 $1,254.46 O$1,070.35 O $1.008.98 Inventory $6,855.36 $7 282 75 $9,249.02 $8.120.51 $7.734.33A computer company's yearly inventory cost is 39 percent (which accounts for the cost of capital for financing the inventory, warehouse space, and the cost of obsolescence). Last year, the company had $375 million in inventory and cost of goods sold of $29 billion.What is the company's total inventory cost for the year (in million $s)? Note: Round your answer to the nearest integer.Arrow Distributing Corp. likes to track inventory by using weeks of supply as well as by inventory turnover. Arrow Distributing Corp. Net Revenue Cost of sales Inventory Total assets $16,320 $14,150 $990 $8,490 a) What is its weeks of supply? weeks (round your response to two decimal places). b) What percentage of Arrow's assets are committed to inventory?% (enter your response as a percentage rounded to two decimal places). c) What is Arrow's inventory turnover? times per year (round your response to two decimal places). d) Suppose a manufacturer has an inventory turnover of 13.5 times per year. Arrow's supply chain performance relative to the manufacturer's, as measured by inventory turnover, is