Compound Q11H is a raw material used to make Grater Corporation's major product.The standard cost of compound Q11H is $23.00 per ounce and the standard quantity is 3.8 ounces per unit of output.Data concerning the compound for October appear below: The raw material was purchased on account.The debit to the Raw Materials account for October would total:
A)$52,900.
B)$52,440.
C)$48,760.
D)$53,130.

Question

Compound Q11H is a raw material used to make Grater Corporation's major product.The standard cost of compound Q11H is $23.00 per ounce and the standard quantity is 3.8 ounces per unit of output.Data concerning the compound for October appear below:  The raw material was purchased on account.The debit to the Raw Materials account for October would total:
A)$52,900. 
B)$52,440. 
C)$48,760. 
D)$53,130.

Quizplus · Accepted Answer

The Answer of Compound Q11H is a raw material used to make Grater Corporation's major product.The standard cost of compound Q11H is $23.00 per ounce and the standard quantity is 3.8 ounces per unit of output.Data concerning the compound for October appear below:  The raw material was purchased on account.The debit to the Raw Materials account for October would total:
A)$52,900. 
B)$52,440. 
C)$48,760. 
D)$53,130.

Compound Q11H Is a Raw Material Used to Make Grater