Compound K52E Is a Raw Material Used to Make Pinkos

question 21

Multiple Choice

Compound K52E is a raw material used to make Pinkos Corporation's major product.The standard cost of compound K52E is $46.00 per ounce and the standard quantity is 5.0 ounces per unit of output.Data concerning the compound for March appear below: The raw material was purchased on account. The Materials Price Variance for March would be recorded as a:

• A)Debit of $2,220
• B)Debit of $2,142
• C)Credit of $2,220
• D)Credit of $2,142

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Definitions:

Manipulation

The action of skillfully controlling or influencing a person, situation, or mechanism to achieve a desired outcome.

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Social groups that possess a disproportionate amount of power and resources, often exerting significant influence over societal norms and institutions.

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Kingsley Davis

A prominent American sociologist known for his contributions to population studies, urban theory, and social structure analysis.