Answered
On December 1, Mogro Corporation had $26,000 of raw materials on hand.During the month, the Corporation purchased an additional $60,000 of raw materials.During December, $62,000 of raw materials were requisitioned from the storeroom for use in production.The debits entered in the Raw Materials account during the month of December total:
A) $26,000
B) $86,000
C) $60,000
D) $62,000
On Jun 30, 2024