When the Actual Amount of a Raw Material Used in Production

question 5

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:

Divergent Thinking

A cognitive process that involves generating creative ideas by exploring many possible solutions.

Hereditary Studies

Research into how characteristics and conditions are transmitted from parents to offspring through genes.

Genetic Engineering

The manipulation of an organism's genes using biotechnology, including the editing, adding, or removing of DNA sequences to achieve desired traits.

Displacement

A psychological defense mechanism where mind redirects emotions or feelings from the original source to a less threatening target.