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On November 1. Arvelo Corporation had $32,000 of raw materials on hund. Durine the manth, the company purchased an ad6itional $78,000 of raw materials During

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On November 1. Arvelo Corporation had $32,000 of raw materials on hund. Durine the manth, the company purchased an ad6itional $78,000 of raw materials During November, $95,000 of raw materials were requisitioned from the storeroom for use in production. These raw miterials included both direct and indirect materiak. The indirect moterials totaled $3,000 Prepure journal entries to record these events. Use those jourmal entries to answer the following questions: The credits to the Raw Materiak account for the month of November total $32000 $110,000 $23000 $95,000

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