Exhibit 19-2 the Following Information Relates to Bergen Corporation

question 41

Multiple Choice

Exhibit 19-2 The following information relates to Bergen Corporation:

- Refer to Exhibit 19-2. Based on the information above, the journal entry to record the purchase of materials and the materials price variance would include a debit to:

• A) Materials price variance for $625
• B) Cash for $36,875
• C) Direct materials inventory for $37,500
• D) Direct materials inventory for $36,875

---

Definitions:

Crowdsourcing

The process of obtaining ideas, content, or services by soliciting contributions from a large group of people, especially an online community.

Network Effect

The phenomenon by which a product or service gains additional value as more people use it, thus encouraging further adoption and usage.

Collectively Intelligent

Describes a group or system that demonstrates a high level of intelligence and problem-solving ability through the aggregation of individual members' knowledge and skills.

Personal Media

Media content centered around individual interests and preferences, often created or curated by the individual themselves.