95. Cost of raw materials is debited to Raw Materials Inventory when the A) bill for the materials is paid. B) materials are received. C) materials are put into production, D) materials are ordered. 96. In a process cost system, A) a Work in Process account is maintained for each product. B) a materials requisition must identify the job on which the materials will be used. C) One Work in Process account is maintained for all the processes, similar to a job order cost system. D) a Work in Process account is maintained for each process. 97. A department adds raw materials to a process at the beginning of the process and incurs conversion costs uniformly throughout the process. For the month of January, there were no units in the beginning work in process inventory; 90,000 units were started into production in January, and there were 20,000 units that were 40% complete in the ending work in process inventory at the end of January. What were the equivalent units of production for materials for the month of January? A) 82,000 equivalent units. B) 98,000 equivalent units. C) 70,000 equivalent units. D) 90,000 equivalent units