The entry to record an unfavorable material quantity variance is
A)Dr WIP Dr Mat Qty Var Cr Raw Mats
B)Cr WIP Cr Mat Qty Var Dr Raw Mats
C)Dr WIP Cr Mat Qty Var Cr Raw Mats
D)Cr WIP Dr Mat Qty Var Dr Raw Mats

Question

Quizplus · Accepted Answer

An unfavorable material quantity variance means that more materials were used than expected. This increases the cost of materials, which is a debit to the Work in Process inventory account. Additionally, the material quantity variance is unfavorable, which means that it also gets debited. To balance the equation, the Raw Materials account is credited. Therefore, the correct entry is Dr WIP Dr Mat Qty Var Cr Raw Mats.

The Entry to Record an Unfavorable Material Quantity Variance Is