At the Beginning of December, Altro Corporation Had $26,000 of Raw

Multiple Choice

At the beginning of December, Altro Corporation had $26,000 of raw materials on hand. During the month, the Corporation purchased an additional $76,000 of raw materials. During December, $72,000 of raw materials were requisitioned from the storeroom for use in production. The credits entered in the Raw Materials account during the month of December total:

A) $26,000
B) $102,000
C) $76,000
D) $72,000