1. On July 1, 2019, Ebony Mfg purchased raw materials purchased on account for $315,000. What is the journal entry to record $175,000 of direct materials requisitioned by the supervisor. a. Raw Materials Inventory 315,000 Work in Process Inventory 315,000 315,000 b. Work in Process Inventory Raw Materials Inventory c. Work in Process Inventory Cash 315,000 175,000 175,000 175000 d. Work in Process Inventory Raw Materials Inventory 175,000 2. In Dec. 2019, Forbes Corp. sold laptops for $45 each, incurred variable costs of $30 each and fixed costs of $600,000. In Jan. 2020, fixed costs increased by $75,000. Calculate the new break even in units for Jan. 2020. a. 40,000 units b. 47,000 units c. 45,000 units d. 42,000 units 3. $75,000 $20,000 $30,000 Beginning Raw Materials Inventory Raw Materials purchased Ending Raw Materials Inventory Calculate raw Materials Used? a. $20,000 b. $25,000 c. $65,000 d. $45,000