If nestle purchased 13860 in millions of swiss francs of

Question

Problem

1-Direct material used:

Nestle report begining raw materials inventory of 3,815 and ending raw materials inventory of 3,499 (both numbers in millions of Swiss francs). If Nestle purchased 13,860 (in millions of Swiss francs) of raw materials during the year, what is the amount of raw materials it used during the year?

2-Raw materials inventory management:

Nestle report begining raw materials inventory of 3,815 and ending raw materials inventory of 3,499 (both numbers in millions of Swiss francs). If Nestle purchased 13,860 (in millions of Swiss francs). Assume Nestle purchased 13,860 and used 14,176 (both amounts in millions of Swiss francs) in raw materials during the year. Compute raw materials inventory turnover and the number of days' sales in raw materials inventory.