If a Company Has a Favorable Materials Quantity Variance of $3,300,the

Multiple Choice

If a company has a favorable materials quantity variance of $3,300,the journal entry to record the use of direct materials in production along with this related quantity variance would include:

A) a credit to Materials Quantity Variance.
B) a credit to Materials Price Variance.
C) a debit to Materials Quantity Variance.
D) a debit to Materials Price Variance.
E) None of the answer choices is correct.