When the Actual Amount of a Raw Material Used in Production

question 9

Multiple Choice

When the actual amount of a raw material used in production is greater than the standard amount allowed for the actual output,the journal entry would include:

• A) debit to Raw Materials;credit to Materials Quantity Variance.
• B) debit to Work-In-Process;credit to Materials Quantity Variance.
• C) debit to Raw Materials;debit to Materials Quantity Variance.
• D) debit to Work-In-Process;debit to Materials Quantity Variance.

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Definitions:

Atomic Sentences

Simple sentences that cannot be broken down into smaller parts while maintaining meaning.

Truth Values

The valuation in logic that shows the relation of a statement to the truth, typically classified as either true or false.

Truth Table

A mathematical table used in logic to determine the truth values of logical expressions based on their operators.

Atomic Sentences

Simple statements that cannot be broken down into smaller statements without losing meaning.