Question

3.9. Enter the following inventory turnover ratio for Pike's Peak Mountain Bike for 20x9 from WP A.4 rounded to 2 decimal places (note that this is a "times" ratio, not a percentage) 3.10. Enter the following inventory turnover ratio for Raw Materials for 20x9 from WP A.4 rounded to 2 decimal places (note that this is a "times" ratio, not a percentage) 3.11. Enter the following inventory turnover ratio for Other Purchased Parts for 20X9 from WP A.4 rounded to 2 decimal places (note that this is a "times" ratio, not a percentage)

Answer 1

Answer
3.10 Raw matenal inventory turnover ratio Average inventory - Opening stock + Closing stock = 6200,0t2 + 35.99 687 +6200012 2 48 gg 849.5 48 99 850 cost of goods sold & Puschase - Closins. opening Stock Stock - 3599 687 +298 63 555 - 62 00 012 = 272,63, 229. Inventory turn over satio = 272, 63, 229. 4899850 5.56 3.11 other purchased part Inventory Turnover Ratio Average Inventory = open stach + Clary Stock = 53 34 973_+ 70 10 340 5 6172,659

Answer Inventory Turnover Ratio - - Cost of Average good, sold inventory 39 Pike's Peak Mountain Bike inventory turnover ratio. Sfero 2019) - Avercye inventory - Opening stock + Closing Stock 5454644+ 853289) 9700136643 923 - Cost of good sold No. of unit - Cost of good sold produced = No of + Cloring - Opening sold Stuck Stock - 984386 + 85478 . 54548 - 1015 316 units Openy & Purchones - Clou Slack stock - 5509 348 +92 39 3756 - 7778498 (1015310 X 91 ) 90 124,606 Inventory turnover dativ S 01, 24, 606 66 43 928 $ 13:56

Cost of goods sad - opening Stock Produced Purchased closing Stock = 53 34 978 + 256,58253 - 7010350 = 239 82 89 Inventory turnover ratio = 239 82 89) 61 72 659 3.88