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Compound Q11H Is a Raw Material Used to Make Grater

Question 1

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Compound Q11H is a raw material used to make Grater Corporation's major product. The standard cost of compound Q11H is $23.00 per ounce and the standard quantity is 3.8 ounces per unit of output. Data concerning the compound for October appear below:  Compound Q11H is a raw material used to make Grater Corporation's major product. The standard cost of compound Q11H is $23.00 per ounce and the standard quantity is 3.8 ounces per unit of output. Data concerning the compound for October appear below:   The raw material was purchased on account. -The credits to the Raw Materials account for October would total: A) $52,440 B) $48,760 C) $52,900 D) $53,130 The raw material was purchased on account.
-The credits to the Raw Materials account for October would total:


A) $52,440
B) $48,760
C) $52,900
D) $53,130

Correct Answer:

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