Asked by Bryce Folsom on May 26, 2024

verifed

Verified

________ reveals how many times a company uses its raw materials inventory in production during a period.

Raw Materials Inventory

Stocks of the basic materials that are used in manufacturing processes to create finished goods, included as part of a company's inventory.

Production Period

The time frame during which goods are manufactured or services are rendered, from the beginning of production to its completion.

  • Comprehend the principle of inventory turnover and its significance.
verifed

Verified Answer

DB
Diamani BusseyJun 01, 2024
Final Answer :
Raw materials inventory turnover