(LO 1) In accumulating raw materials costs, companies debit the cost of raw materials purchased in a perpetual system to:
a. Raw Materials Purchases.
b. Raw Materials Inventory.
c. Purchases.
d. Work in Process.
(LO 1) In accumulating raw materials costs, companies debit the cost of raw materials purchased in a perpetual system to:
a. Raw Materials Purchases.
b. Raw Materials Inventory.
c. Purchases.
d. Work in Process.