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8 July, 01:43

Donham Corporation had $25,000 of raw materials on hand on May 1. During the month, the Corporation purchased an additional $65,000 of raw materials. During May, $66,000 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 $4,000. The debits to the Work in Process account as a consequence of the raw materials transactions in May total:

a.$0

b.$62,000

c.$65,000

d. $66,000

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Answers (1)
  1. 8 July, 01:48
    0
    d. $66,000

    Explanation:

    Raw Material requisition = $66,000

    Raw Material requisition is transferred to work in process account by following entry

    Dr. Cr.

    Work in process $66,000

    Raw Material Inventory $66,000

    The debits to the Work in Process account as a consequence of the raw materials transactions in May is $66,000.
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