A manufacturing company reports the following information.

Current Year1 Year Ago2 Years AgoRaw materials inventory, ending$ 169,600$ 190,600$ 197,600Raw materials used1,981,1002,329,2002,775,000

Required:

1.Compute raw materials inventory turnover for the most recent two years.

2.Is the current year change in raw materials inventory turnover ratio favorable or unfavorable?

3.Compute days' sales in raw materials inventory for the current year.