Raw materials inventory is credited for which of the following when recording the use of direct materials in the production process?
A)Standard quantity of Direct Materials Used (AQU)for actual production multiplied by the actual cost per pound
B)Standard quantity of Direct Materials Used (AQU)for actual production multiplied by the standard cost per pound
C)Actual Quantity (AQ)of direct materials put into production multiplied by the actual cost per pound
D)Actual Quantity (AQ)of direct materials put into production multiplied by the standard cost per pound

Question

Quizplus · Accepted Answer

Raw materials inventory is credited by the actual quantity of direct materials put into production multiplied by the standard cost per pound, reflecting the standard costing method.

Raw Materials Inventory Is Credited for Which of the Following