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Compound Q11H Is a Raw Material Used to Make Grater

Question 23

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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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