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Florea Corporation Has Provided the Following Data Concerning Its Most

Question 37

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Florea Corporation has provided the following data concerning its most important raw material, compound K09B: Florea Corporation has provided the following data concerning its most important raw material, compound K09B: The raw material was purchased on account. The Materials Quantity Variance for August would be recorded as a: A) Credit of $24,910 B) Credit of $1,060 C) Debit of $1,060 D) Debit of $24,910 The raw material was purchased on account. The Materials Quantity Variance for August would be recorded as a:


A) Credit of $24,910
B) Credit of $1,060
C) Debit of $1,060
D) Debit of $24,910

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