On December 1, Mogro Corporation had $26,000 of raw materials on hand. During the month $60,000 of raw materials were purchased.
During December, $62,000 of raw materials were requisitioned from the storeroom for use in production.
Do the debits to the Raw Materials account for the month of December total 62000?© BrainMass Inc. brainmass.com October 9, 2019, 10:12 pm ad1c9bdddf
Debits increase the raw material and would when material is purchased, ...
The solution explains how to calculate the amount of debits to raw materials.