Which of the following journal entries property records the use of $7,000 of raw materials in the Formulating Department? Multiple Choice Debit Credit Raw Materials 7,000 Finished Goods-Formulating 7,000 Debit Credit Work in Process-Formulating 7,000 Raw Materials 7,000 Debit Credit Finished Goods-Formulating 7,000 Raw Materials 7,000 Debit Credit Raw Materials 7,000 Work in Process-Formulating 7,000