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Compound C90N Is a Raw Material Used to Make Mosbarger

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Compound C90N is a raw material used to make Mosbarger Corporation's major product. The standard cost of compound C90N is $38.20 per ounce and the standard quantity is 8.0 ounces per unit of output. Data concerning the compound for September appear below: Compound C90N is a raw material used to make Mosbarger Corporation's major product. The standard cost of compound C90N is $38.20 per ounce and the standard quantity is 8.0 ounces per unit of output. Data concerning the compound for September appear below:   The raw material was purchased on account. -The Materials Price Variance for September would be recorded as a: A)  Credit of $567 B)  Credit of $770 C)  Debit of $567 D)  Debit of $770 The raw material was purchased on account.
-The Materials Price Variance for September would be recorded as a:

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