Compute the raw materials inventory turnover when the amount of raw materials used are 18,000 and had beginning inventory of 3,000 and ending inventory of 5,500.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 4EB: Masonrys records show the raw materials inventory had purchases of $1,000and an ending raw materials...
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Compute the raw materials inventory turnover when the amount of raw materials used are 18,000 and had beginning inventory of 3,000 and ending inventory of 5,500.

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