raw material turnover
Not what you're looking for?
Equation 8-4 Trm = Purchasing costs / RM. A toy producer's average inventory is $100,000 in raw plastic, $150,000 in partially produced toys, and $50,000 in finished toys. If the cost of purchased materials and purchasing overhead is $1,700,000 per year, raw material turnover is:
a. 1/17
b. About 1
c. 5.67
d. 17
Purchase this Solution
Solution Summary
This job examines raw material turnover computation.
Solution Preview
Answer: d.
Raw material turnover is computed by dividing ...
Education
- BSc, Dokuz Eylul University
- MBA, Texas A&M University-Kingsville
Recent Feedback
- "Thanks"
- "Thanks"
- "This is a great help...Thank you"
- "Thanks for the advice!"
- "Oh my gosh u are awesome... A++"
Purchase this Solution
Free BrainMass Quizzes
Organizational Leadership Quiz
This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.
Organizational Behavior (OB)
The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.
Social Media: Pinterest
This quiz introduces basic concepts of Pinterest social media
SWOT
This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.
Lean your Process
This quiz will help you understand the basic concepts of Lean.