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Problem 14-5B Raw materials inventory turnover A1 A manufacturing company reports the following information. Raw materials inventory ending Raw materials used Current Your $ 270.225

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Problem 14-5B Raw materials inventory turnover A1 A manufacturing company reports the following information. Raw materials inventory ending Raw materials used Current Your $ 270.225 2,385,000 1 Your Age $250.775 2.695.000 2 Years Age $ 230.225 2.700.000 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

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