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Compound Q11H Is a Raw Material Used to Make Grater

Question 44

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Compound Q11H is a raw material used to make Grater Corporation's major product.The standard cost of compound Q11H is $23.00 per ounce and the standard quantity is 3.8 ounces per unit of output.Data concerning the compound for October appear below: Compound Q11H is a raw material used to make Grater Corporation's major product.The standard cost of compound Q11H is $23.00 per ounce and the standard quantity is 3.8 ounces per unit of output.Data concerning the compound for October appear below:   The raw material was purchased on account.The Materials Quantity Variance for October would be recorded as a: A) credit of $3,680. B) debit of $4,140. C) credit of $4,140. D) debit of $3,680. The raw material was purchased on account.The Materials Quantity Variance for October would be recorded as a:


A) credit of $3,680.
B) debit of $4,140.
C) credit of $4,140.
D) debit of $3,680.

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