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Exam CSCP topic 1 question 670 discussion

Actual exam question from APICS's CSCP
Question #: 670
Topic #: 1
[All CSCP Questions]

A company that manufactures washers and dryers had a cost of goods sold (COGS) last year of $520,000,000. The average value of inventory for raw materials, work in process (WIP), and finished goods are shown in the table below:



The company operates 365 days a year. The number of inventory turns is approximately:

  • A. 41.5
  • B. 27.1
  • C. 21.4
  • D. 8.8
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Suggested Answer: D 🗳️
by CSPark000 at June 15, 2023, 11:02 a.m.

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Adri5
3 months, 2 weeks ago
Selected Answer: D
8.8=520.2/(24.3+15.6+19.2)
upvoted 1 times
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Wijitha
7 months, 4 weeks ago
Selected Answer: B
B is the correct answer- when calculating inventory turns only use average finish good inventory respective to COGS/ in here 52000000/19200000=27.1
upvoted 1 times
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Rajiv8047
1 year ago
Selected Answer: D
number of inventory turns is $520,000,000 / $59,100,000 = 8.8
upvoted 2 times
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CSPark000
1 year, 6 months ago
Selected Answer: D
8.8 ????
upvoted 3 times
MahiSN
1 year, 6 months ago
Inventory Turns = COGS / Average inventory (Finished goods)
upvoted 1 times
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