QS 14-15 Raw materials inventory management LO A1 3M Co. reports beginning raw materials inventory of $972 million and ending raw materials inventory of $916 million. 3M purchased $4,421 million of raw materials and used $4,477 million of raw materials during the year. Compute raw materials inventory turnover and the number of days' sales in raw materials inventory(Use 365 days per year. Enter your answers in millions.) Choose Numerator: Average raw materials inventory Raw Materials Inventory turnover 1 Choose Denominator: = 1 Average raw materials inventory = Raw Materials Inventory turnover Raw materials inventory turnover Days' Sales In Inventory. T Choose Denominator: X Choose Numerator: Days = | = Days' Sales In Inventory Days' sales in inventory