On November 1, Arvelo Corporation Had $39,500 of Raw Materials

On November 1, Arvelo Corporation had $39,500 of raw materials on hand. During the month, the company purchased an additional $70,500 of raw materials. During November, $80,000 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 $4,500. Prepare journal entries to record these events. Use those journal entries to answer the following questions:The credits to the Raw Materials account for the month of November total:

A) $80,000
B) $70,500
C) $39,500
D) $110,000