Question

In accumulating raw materials costs, the cost of raw materials purchased in a perpetual system is

a. debited to purchases.
b. raw materials inventory.
c. raw materials purchases.
d. work in process.

Answer 1

Answer:

B. raw materials inventory

Explanation:

A perpetual inventory system is a system  in accounting records to ensures that the number of goods in a store or in storage facility is accurately and immediately reflected by the books