To record the purchase of direct materials,the general ledger would include what entry to the materials price variance account?
A) $1,500 credit.
B) $1,500 debit.
C) $6,000 credit.
D) $6,000 debit.
Correct Answer:
Verified
Q87: The materials price variance for January is:
A)
Q88: The labour efficiency variance is:
A) $800 F.
B)
Q89: The total variance for variable overhead for
Q90: The materials quantity variance for January is:
A)
Q91: The labour rate variance is:
A) $1,125 U.
B)
Q93: The variable overhead efficiency variance is:
A) $500
Q94: To record the use of direct materials
Q95: The labour efficiency variance for January is:
A)
Q96: The variable overhead spending variance is:
A) $220
Q97: To record the incurrence of direct labour
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents