Using the Information Below, Compute the Raw Materials Inventory Turnover

question 18

Multiple Choice

Using the information below, compute the raw materials inventory turnover:

$\begin{array}{lr}\text { Raw materials used}&\$121,600\\\text {Beginning raw materials inventory }&18,000\\\text { Ending raw materials inventory}&20,200\\\end{array}$

• A) 6.76.
• B) 6.02.
• C) 54.0.
• D) 60.6.
• E) 6.37.

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Definitions:

Instinct

A natural and usually unchanging behavior pattern exhibited by animals when they encounter specific triggers.

Conditioned

Describes a response that has been learned through the process of conditioning, where a neutral stimulus becomes associated with a meaningful stimulus, eliciting a learned response.

Learning

The process of acquiring new understanding, knowledge, behaviors, skills, values, attitudes, and preferences.

Conditioned Stimulus

A previously neutral stimulus that, after becoming associated with an unconditioned stimulus, eventually comes to trigger a conditioned response.