PART 1:Raw Materials Inventory TurnoverA. How is this ratio calculated?What does the ratio show?Using the data below (Sunn Corporation) , calculate and discuss the implications of Sunn's RM Inventory Turnover. Days' Sales in Raw Materials InventoryB. How is this ratio calculated?What does the ratio show?Using the data below (Sunn Corporation) calculate and discuss the implications of Sunn's Days' Sales in RM Inventory Bookmarks Profiles TabWindow HelpyC x Topic: Chapter 1 Discussion: Re xNeed-To-Know 1-5b My Questions | bartlebyCranI.mheducation.com/epub/sn_7eb22/data-uuid-bb29ee374d394aa48cb167e353c373b7an income statement.Depreciation expense-Factory$211,000Direct labor250,000Factory insurance expired62,000Factory utilities115,000Finished goods inventory, beginning15,000Finished goods inventory, ending12,000General and administrative expenses000'007Work in process inventory, beginning000Work in process inventory, endingIndirect laborProperty taxes on factory000'Raw materials inventory, beginning000'09Raw materials inventory, ending000'8Raw materials purchases313,000Repairs expense-Factory000Sales1,630,000Selling expenses230,000MAR13étv AMacBook Pro

The inventory turnover ratio expresses the relationship between the average cost of goods sold…

How is this ratio calculated? What does the ratio show? Using the data below (Sunn Corporation) , calculate and discuss the implications of Sunn's RM Inventory Turnover. Days' Sales in Raw Materials Inventory B. How is this ratio calculated? What does the ratio show? Using the data below (Sunn Corporation) calculate and discuss the implications of Sunn's Days' Sales in RM Inventory

How is this ratio calculated? What does the ratio show? Using the data below (Sunn Corporation) , calculate and discuss the implications of Sunn's RM Inventory Turnover. Days' Sales in Raw Materials Inventory B. How is this ratio calculated? What does the ratio show? Using the data below (Sunn Corporation) calculate and discuss the implications of Sunn's Days' Sales in RM Inventory

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter3: Setting Up A New Company

Section: Chapter Questions

Problem 3.4C

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PART 1:

Raw Materials Inventory Turnover

A. How is this ratio calculated?

What does the ratio show?

Using the data below (Sunn Corporation) , calculate and discuss the implications of Sunn's RM Inventory Turnover.

Days' Sales in Raw Materials Inventory

B. How is this ratio calculated?

What does the ratio show?

Using the data below (Sunn Corporation) calculate and discuss the implications of Sunn's Days' Sales in RM Inventory

Bookmarks Profiles Tab
Window Help
yC x Topic: Chapter 1 Discussion: Re x
Need-To-Know 1-5
b My Questions | bartleby
Cran
I.mheducation.com/epub/sn_7eb22/data-uuid-bb29ee374d394aa48cb167e353c373b7
an income statement.
Depreciation expense-Factory
$211,000
Direct labor
250,000
Factory insurance expired
62,000
Factory utilities
115,000
Finished goods inventory, beginning
15,000
Finished goods inventory, ending
12,000
General and administrative expenses
000'007
Work in process inventory, beginning
000
Work in process inventory, ending
Indirect labor
Property taxes on factory
000'
Raw materials inventory, beginning
000'09
Raw materials inventory, ending
000'8
Raw materials purchases
313,000
Repairs expense-Factory
000
Sales
1,630,000
Selling expenses
230,000
MAR
13
étv A
MacBook Pro

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