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:

Atorvastatin

A medication used to prevent cardiovascular disease and treat abnormal lipid levels by inhibiting HMG-CoA reductase.

Enzymes

Biological molecules that act as catalysts to speed up chemical reactions in living organisms, crucial for metabolic processes.

Reaction Rate

The speed at which a chemical reaction occurs, defined as the change in concentration of a reactant or product per unit time.

Codexis Synthesis

A reference to the application of Codexis' biocatalysis technology for efficient, environmentally-friendly chemical synthesis.