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Henifin Corporation Has Provided the Following Data Concerning Its Most

Question 1

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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 Quantity Variance for January would be recorded as a: A)  Credit of $2,586 B)  Credit of $16,809 C)  Debit of $16,809 D)  Debit of $2,586 The raw material was purchased on account.
-The Materials Quantity Variance for January would be recorded as a:


A) Credit of $2,586
B) Credit of $16,809
C) Debit of $16,809
D) Debit of $2,586

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