Using the information below, compute the raw materials inventory turnover:
Raw materials used $ 85,500
Beginning raw materials inventory 8,000
Ending raw materials inventory 9,000
Multiple Choice :
A. 11.02.
B. 382.02.
C. 10.06.
D. 9.94.
E. 9.50.

C. 10.06

Explanation:

Raw materials inventory turnover is the ratio of the cost of raw material used to the average raw material for the period.

Given;

Raw materials used  = $85,500

Beginning raw materials inventory 8,000

Ending raw materials inventory 9,000

Raw materials inventory turnover = $85,500/($8,000  + $9,000)/2

= $85,500 × 2/$17000

= 10.05882353

answer'; i believe the correct answer is (15,000) workers a year are treated for injuries caused by jacks, lifts or jack stands;

answer; common market;