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(Appendix 10B)To Record the Purchase of Direct Materials,the General Ledger

Question 187

Multiple Choice

(Appendix 10B) 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.15,000 * 1.50 - 24,000 = $1,500 debit.

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