Compound K52E is a raw material used to make Pinkos Corporation's major product. The standard cost of compound K52E is $46.00 per ounce and the standard quantity is 5.0 ounces per unit of output. Data concerning the compound for March appear below: The raw material was purchased on account. The debits to the Raw Materials account for March would total:
A)$170,200
B)$172,420
C)$184,000
D)$164,220

Question

Compound K52E is a raw material used to make Pinkos Corporation's major product. The standard cost of compound K52E is $46.00 per ounce and the standard quantity is 5.0 ounces per unit of output. Data concerning the compound for March appear below:  The raw material was purchased on account. The debits to the Raw Materials account for March would total:
A)$170,200 
B)$172,420 
C)$184,000 
D)$164,220

Quizplus · Accepted Answer

The Answer of Compound K52E is a raw material used to make Pinkos Corporation's major product. The standard cost of compound K52E is $46.00 per ounce and the standard quantity is 5.0 ounces per unit of output. Data concerning the compound for March appear below:  The raw material was purchased on account. The debits to the Raw Materials account for March would total:
A)$170,200 
B)$172,420 
C)$184,000 
D)$164,220

Compound K52E Is a Raw Material Used to Make Pinkos