finallyfinishin
May 17, 2009, 01:13 PM
When the actual amount of raw material used in production is greater than the standard amount allowed for actual output, the journal entry would include:
A.) Credit to Raw Materials; Credit to Materials Quantity Variance
B.)Credit to Work-In Process; Credit to materials Quantity Variance
C.)Credit to Raw Materials;Debit to Materials Quantity Variance
D.) Credit to Work-In-Process; Debit to materials Quanity Variance
A.) Credit to Raw Materials; Credit to Materials Quantity Variance
B.)Credit to Work-In Process; Credit to materials Quantity Variance
C.)Credit to Raw Materials;Debit to Materials Quantity Variance
D.) Credit to Work-In-Process; Debit to materials Quanity Variance





