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If a Company Issues Raw Materials to Production at a Cost

Question 55

Multiple Choice

If a company issues raw materials to production at a cost of $18900 when the standard cost is $18300 it will


A) debit Materials Price Variance for $600.
B) credit Materials Price Variance for $600.
C) debit Materials Quantity Variance for $600.
D) credit Material Quantity Variance for $600.

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