Use the Following Information for the Next 2 Questions

question 79

Multiple Choice

Use the following information for the next 2 questions.
Given the following account balances at the end of the first year of operations:
-Assuming that variances are considered material, the entry and amount of the direct material price variance allocated to Cost of Goods Sold is

• A) Debit $40,625
• B) Debit $41,082
• C) Credit $43,333
• D) Debit $39,935

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Definitions:

Retrograde Amnesia

A loss of memory-access to events that occurred, or information that was learned, before an injury or the onset of a disease.

Anterograde Amnesia

The loss of the ability to create new memories after the event that caused the amnesia, leaving the person unable to recall the recent past.

Working Memory

A cognitive system responsible for temporarily holding information available for processing and decision making.

Short-Term Storage

A memory storage system that briefly holds a limited amount of information in awareness.