At the Beginning of December, Sneeden Corporation Had $32,000 of Raw

Multiple Choice

At the beginning of December, Sneeden Corporation had $32,000 of raw materials on hand. During the month, the Corporation purchased an additional $71,000 of raw materials. During December, $75,000 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) $32,000
B) $75,000
C) $71,000
D) $103,000