Question

Can you add a overall used turns calculation? Also what are the relative $$$ amounts? For example, if you have retail turning at 1.89% on average, how many dollars is that of the total used inventory? You have to have the scope of the $$$ to understand the true impact of the turns. Like 1.89 turns on 2.5 MIL average. Now with that information and margins we can understand ROI. Make sense?

          Can you add a overall used turns calculation?
Also what are the relative $$$ amounts? For example, if you have retail turning at 1.89% on average, how many dollars
is that of the total used inventory? You have to have the scope of the $$$ to understand the true impact of the turns.
Like 1.89 turns on 2.5 MIL average. Now with that information and margins we can understand ROI. Make sense?

Can you add a overall used turns calculation?
Also what are the relative
amounts? For example, if you have retail turning at 1.89% on average, how many dollars
is that of the total used inventory? You have to have the scope of the
to understand the true impact of the turns.
Like 1.89 turns on 2.5 MIL average. Now with that information and margins we can understand ROI. Make sense?

Added by Ronald W.

Horngren’s Cost Accounting

Srikant M. Datar, Madhav V. Rajan 16th Edition

Instant Answer

Solved by Expert T. L.

Step 1

First, we need to create a graph to depict the information. Since we are discussing turns (inventory turnover), a bar graph or line graph would be suitable. Show more…

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Thanks for your feedback!

How can I depict the below information in a graph? Can you add an overall used turns calculation? Also, what are the relative $$$ amounts? For example, if you have retail turning at 1.89% on average, how many dollars is that of the total used inventory? You have to have the scope of the SSS (same-store sales) to understand the true impact of the turns. Like 1.89 turns on 2.5 million average. Now with that information and margins, we can understand ROI. Make sense?