Bordes Corporation has provided the following data concerning its most important raw material, compound R85F: The raw material was purchased on account.
-The Materials Price Variance for May would be recorded as a:
A)Credit of $2,056
B)Debit of $2,640
C)Debit of $2,056
D)Credit of $2,640

Question

Bordes Corporation has provided the following data concerning its most important raw material, compound R85F:  The raw material was purchased on account.
-The Materials Price Variance for May would be recorded as a:
A)Credit of $2,056 
B)Debit of $2,640 
C)Debit of $2,056 
D)Credit of $2,640

Quizplus · Accepted Answer

The Answer of Bordes Corporation has provided the following data concerning its most important raw material, compound R85F:  The raw material was purchased on account.
-The Materials Price Variance for May would be recorded as a:
A)Credit of $2,056 
B)Debit of $2,640 
C)Debit of $2,056 
D)Credit of $2,640

Bordes Corporation Has Provided the Following Data Concerning Its Most