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:

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:

The raw material was purchased on account.

-The debits to the Raw Materials account for March would total:

Quizplus · Accepted Answer

The debits to the Raw Materials account would total $170,200, as this is the correct sum of all raw materials purchased and added to the account in March.

Compound K52E Is a Raw Material Used to Make Pinkos