Question: Raw materials inventory, ending $ 171,000 $ 192,000 $ 199,000 Raw materials used 2,359,500 2,932,500 2,915,000 Required: Compute raw materials inventory turnover for the most

Raw materials inventory, ending $ 171,000 $ 192,000 $ 199,000 Raw materials used 2,359,500 2,932,500 2,915,000 Required: Compute raw materials inventory turnover for the most recent two years. Is the current year change in raw materials inventory turnover ratio favorable or unfavorable? Compute days sales in raw materials inventory for the current year.

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