A manufacturing company reports the following information. Raw materials inventory, ending Raw materials used Current Year 1 Year Ago 2 Years Ago $171,200 1,998,700 $ 192,200 2,544,100 $ 199,200 2,935,000 ces 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Compute days sales in raw materials inventory for the current year. (Round your answer to 1 decimal place. Days' sales in raw materials inventory for current year pe here to search D S 4 %6 5 O G Chapters 14 A manufacturing company reports the following information. Saved Raw materials inventory, ending Raw materials used Current Year $ 171,200 1,998,700 1 Year Ago 2 Years Ago $ 199,200 2,935,000 Required: $ 192,200 2,544,100 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Is the current year change in raw materials inventory turnover ratio favorable or unfavorable? Is the current year change in raw materials inventory turnover ratio favorable or unfavorable? < Prev 909 Next here to search 214 4 S 96 acer 316 919 412 0 DOC Google ms-Chapters 14 9 A manufacturing company reports the following information. Raw materials inventory, ending Raw materials used Saved Current Year $171,200 1,998,700 1 Year Ago 2 Years Ago $ 192,200 2,544,100 $ 199,200 2,935,000 eBook eferences 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. Complete this question by entering your answers in the tabs below. Mc Graw Required 1 Required 2 Required 3 Compute raw materials inventory turnover for the most recent two years. Raw materials inventory mover Current year 1 Year Ago (p Type here to search image1 oipeg 96 3 T < Prev 9 of 9 Next imagedeg E 9 303F 910 913 913