Ingredient A12H is a raw material used to make Calvin Corporation's major product.The standard cost of Ingredient A12H is $23.00 per ounce and the standard quantity is 3.8 ounces per unit of output.Data concerning the compound for October appear below:
The raw material was purchased on account.The Materials Price Variance for October would be recorded as a:
A) debit of $230.
B) credit of $212.
C) debit of $212.
D) credit of $230.
Correct Answer:
Verified
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