A Company Reports Raw Materials Used of $42,750 for a Year,with

question 167

Multiple Choice

A company reports raw materials used of $42,750 for a year,with beginning raw materials inventory of $4,000 and an ending raw materials inventory of $4,500.Compute days' sales in raw materials inventory based on this data.

• A) 10.52 days.
• B) 34.15 days
• C) 10.06 days
• D) 38.42 days
• E) 9.35 days

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Definitions:

Power Steering Analyzer

A specialty tool for testing steering system hydraulics consisting of hoses, quick-release couplers, a flowmeter, pressure gauge, and flow control valve.

Relief Valve

A safety valve designed to automatically release pressure from a vessel or system when the pressure exceeds safe levels, preventing potential damage or explosion.

Flow Control Valve

Used in hydraulic circuits to regulate the speed of actuators. Functions by defining a flow area and is rated by operating pressure and capacity. It can be used in meter-in or meter-out applications. Two general types are used: bleed-off and fixed orifice.

Pitman Shaft

Part of the steering mechanism in vehicles, connecting the steering box to the steering linkage, enabling the transfer of motion to steer the wheels.