Business, 08.10.2019 21:20 brainBoy480

On november 1, arvelo corporation had $32,000 of raw materials on hand. during the month, the company purchased an additional $78,000 of raw materials. during november, $95,000 of raw materials were requisitioned from the storeroom for use in production. these raw materials included both direct and indirect materials. the indirect materials totaled $3,000. prepare journal entries to record these events. use those journal entries to answer the following questions:

the credits to the work in process account as a consequence of the raw materials transactions in november total:
(a) $78,000
(b) $0
(c) $95,000
(d) $92,000

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On november 1, arvelo corporation had $32,000 of raw materials on hand. during the month, the compan...

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