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QS 18-21 (Algo) Computing inventory ratios LO A1 Sims company reports beginning raw materials inventory of $2,100 and ending raw materials inventory of $3,100.
QS 18-21 (Algo) Computing inventory ratios LO A1 Sims company reports beginning raw materials inventory of $2,100 and ending raw materials inventory of $3,100. Assume the company purchased $21,800 of raw materials and used $20,800 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 turnover Raw Materials Inventory Compute raw materials inventory turnover, Numerator: Raw Materials Inventory turnover Denominator: Raw Materials Inventory turnover Raw materials inventory turnover Raw Materiaerwery Nutriver Days Sales In Raw Materials Inventory >
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