#7 Assume your company purchased on account $800 of raw materials (direct materials) in January. In February, you used $600 of those raw materials in your factory. Which of the following entries should be made in February to record the materials used in your factory? (select one of the choices below)

Debit: Raw Materials Inventory $600, credit: Accounts Payable $600.

Debit: Accounts Payable $600, credit: Raw Materials Inventory $600.

Debit: Factory Overhead $600, credit: Raw Materials Inventory $600.

Debit: Work in Process Inventory $600, credit: Raw Materials Inventory $600.

Debit: Raw Materials Inventory $600, credit: Work in Process Inventory $600.

Debit: Work in Process Inventory $600, credit: Factory Overhead $600.