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If Company XYZ Purchased 30 000 Kg of Brass Metal

Question 33

Multiple Choice

If Company XYZ purchased 30 000 kg of brass metal at an actual price of $7.10 per kg (standard price is $7.00 per kg) , the entry to the direct material price variance should be


A) $3000 debit.
B) $3000 credit.
C) $1500 debit.
D) $1500 credit.

Correct Answer:

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