Using the following annual information, calculate inventory turnover for

(1) Raw materials inventory,

(2) Work-in-process inventory, and

(3) Finished goodsinventory.

$ 15,000 Beginning raw materials imventory Ending raw materials inventory Beginning workin-process inventory. Ending workin-process inventory Beginning finished goods inventory Ending finished goods inventory. Cost of raw materials used Cost of goods manufactured. Cost of goods sold. S 70,000 100,000 200,000 250,000 40,000 50,000 60,000