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Henifin Corporation Has Provided the Following Data Concerning Its Most

Question 42

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Henifin Corporation has provided the following data concerning its most important raw material, compound K91J: Henifin Corporation has provided the following data concerning its most important raw material, compound K91J:   The raw material was purchased on account. -The Materials Price Variance for January would be recorded as a: A)  Credit of $540 B)  Debit of $306 C)  Credit of $306 D)  Debit of $540 The raw material was purchased on account.
-The Materials Price Variance for January would be recorded as a:


A) Credit of $540
B) Debit of $306
C) Credit of $306
D) Debit of $540

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