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Compound K52E Is a Raw Material Used to Make Pinkos

Question 30

Multiple Choice

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: 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 credits to the Raw Materials account for March would total: A) $172,420 B) $184,000 C) $170,200 D) $164,220 The raw material was purchased on account. The credits to the Raw Materials account for March would total:


A) $172,420
B) $184,000
C) $170,200
D) $164,220

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