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Compound C90N Is a Raw Material Used to Make Mosbarger

Question 15

Multiple Choice

Compound C90N is a raw material used to make Mosbarger Corporation's major product. The standard cost of compound C90N is $38.20 per ounce and the standard quantity is 8.0 ounces per unit of output. Data concerning the compound for September appear below: Compound C90N is a raw material used to make Mosbarger Corporation's major product. The standard cost of compound C90N is $38.20 per ounce and the standard quantity is 8.0 ounces per unit of output. Data concerning the compound for September appear below: The raw material was purchased on account. -The Materials Price Variance for September would be recorded as a: A) Credit of $567 B) Credit of $770 C) Debit of $567 D) Debit of $770 The raw material was purchased on account.
-The Materials Price Variance for September would be recorded as a:


A) Credit of $567
B) Credit of $770
C) Debit of $567
D) Debit of $770

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