Gallon Corporation had $24,000 of raw materials on hand on April 1. During the month, the Corporation purchased an additional $52,000 of raw materials. During April, $62,000 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 $2,000. The debits to the Work in Process account as a consequence of the raw materials transactions in April total: Multiple Choice $62,000 $52,000 $60,000 $0

Question

Business

Barajas

19 September, 18:59

Gallon Corporation had $24,000 of raw materials on hand on April 1. During the month, the Corporation purchased an additional $52,000 of raw materials. During April, $62,000 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 $2,000. The debits to the Work in Process account as a consequence of the raw materials transactions in April total: Multiple Choice $62,000 $52,000 $60,000 $0

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Brewster · Answer 1

C - $60,000

Explanation:

Description Amount

Total material requisitioned $62,000

less indirect materials $2,000

Total raw materials debited

to work in progress $60,000