inventory

Question 1

avg, cost per unit

Answer 1

cost of goods available / no. of units available

Question 2

goods available

Answer 2

beginning inventory + purchases

Question 3

COGS

Answer 3

no. of units sold * average cost per unit

Question 4

ending inventory

Answer 4

no. of unsold inventory * avg. cost per unit

Question 5

inventory turnover

Answer 5

cogs / average inventory (begin inv. + end inv.)

Question 6

days in inventory

Answer 6

365/ inventory turnover