QS 14-15 Raw materials inventory management LO A1 3M Co. reports beginning raw materials inventory of $855 million and ending raw materials inventory of $717 million. Assume 3M purchased $3,646 million of raw materials and used $3,784 million of raw materials during the year. Compute raw materials inventory turnover and the number of days' sales in raw materials inventory Complete this question by entering your answers in the tabs below. Raw Materials Days Sales In Inventory Raw Materials turnover Inventory Compute raw materials inventory turnover. (Enter your answers in millions.) Choose Numerator: Raw Materials Inventory turnover Choose Denominator: 1 1 Raw Materials Inventory turnover Raw materials inventory turnover 1 Days Sales in Raw Materials inventory > QS 14-15 Raw materials inventory management LO A1 3M Co. reports beginning raw materials inventory of $855 million and ending raw materials inventory of $717 million. Assume 3M purchased $3,646 million of raw materials and used $3,784 million of raw materials during the year. Compute raw materials inventory turnover and the number of days' sales in raw materials inventory. Complete this question by entering your answers in the tabs below. Raw Materials Days Sales In Inventory Raw Materials turnover Inventory Compute the number of days' sales in raw materials inventory. (Use 365 days per year. 'Enter your answers in millions.) Days' Sales In Raw Materials Inventory Choose Numerator: Choose Denominator: Days Days' Sales in Raw Materials Inventory Days' sales in raw materials inventory X Raw Materials inventory turnover