Question: ( 4 points ) Match the analytical procedure ratios with their audit significance. A . Finished goods produced to raw material used B . Finished

points Match the analytical procedure ratios with their audit significance.
A Finished goods produced to raw material used
B Finished goods produced to direct labor
C Product defects per million
D Inventory turnover days
This ratio combined with knowledge of cost of sales can be useful in estimating current inventory levels.
This ratio is useful in estimating the effectiveness of the manufacturing process.
This ratio is useful in estimating the efficiency of the manufacturing process.
This ratio is useful in estimating the efficiency of the manufacturing process.
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