Solved

If a Company Purchases Raw Materials on Account for $19830

Question 105

Multiple Choice

If a company purchases raw materials on account for $19830 when the standard cost is $18900 it will


A) debit Materials Price Variance for $930.
B) credit Materials Price Variance for $930.
C) debit Materials Quantity Variance for $930.
D) credit Material Quantity Variance for $930.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions