On April 1, Stelter Corporation had $34,000 of raw materials on hand. During the month, the company purchased an additional $60,000 of raw materials. During April, $70,000 of raw materials were requisitioned from the storeroom for use in production. These raw materials included both direct and indirect materials. The indirect materials totaled $7,000. Prepare journal entries to record these events. Use these journal entries to answer the following questions:
The credits to the Manufacturing Overhead account as a consequence of the raw materials transactions in April total:
a) $0
b) $70,000
c) $63,000
d) $7,000