Managerial Accounting ACG2071 692530 MW Test: M 2 Test-Graded Question 6 of 25 > cesar Rodriguez 05/22/22 10:13 PM This test: 100 point(s) possible This question: 4 point(s) possible Submit test Smith Manufacturing purchased on account $59,000 of direct materials and $4,000 of indirect materials. Which of the following journal entries would correctly record the transaction? www OA. Work-in-Process Inventory Manufacturing Overhead Raw Materials Inventory 59,000 4,000 63,000 OB. Accounts Payable 63,000 Raw Materials Inventory 63,000 OC. Raw Materials Inventory Accounts Payable 63,000 63,000 OD. Raw Materials Inventory 63,000 Finished Goods Inventory 59,000 Work-in-Process Inventory 4,000