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Using the information below, compute the raw materials inventory turnover: Raw materials used $ 151,600 Beginning raw materials inventory 19,500 Ending raw materials inventory 21,700

Using the information below, compute the raw materials inventory turnover:

Raw materials used $ 151,600

Beginning raw materials inventory 19,500

Ending raw materials inventory 21,700

Raw materials used	$ 151,600
Beginning raw materials inventory	19,500
Ending raw materials inventory	21,700

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