Compound K52E Is a Raw Material Used to Make Pinkos

question 39

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 Quantity Variance for March would be recorded as a:

• A)Credit of $19,780
• B)Credit of $5,980
• C)Debit of $19,780
• D)Debit of $5,980