Question Completion Status: QUESTIONS Gullett Corporation had $26,000 of raw materials on hand on November 1. During the month, the Corporation purchased an additional $75,000 of raw materials. The journal entry to record the purchase of raw materials would O credit to Raw Materials of $75,000 O debit to Raw Materials of $75,000 O credit to Raw Materials of $101,000 O debit to Raw Materials of $101,000 QUESTION Wofril Corporation uses the cost formula Y $5,300+s0.60x for the maintenance cost, where X is machine-hours. The August budget is based on 8,000 hours of planned machine time. Maintenance cost expected to be incurred during August is: o $5,300 $500 O $4,800 $10,100 QUESTION 7 Save Al Click Save and Submit to save and submit. Click Save All Answers to save all answers