Given the following account balances at the end of the first year of operations: Assuming that variances are considered material, the entry and amount of the direct material efficiency variance allocated to work in process inventory is
A) Credit $26,000
B) Credit $24,375
C) Debit $17,333
D) Debit $8,125

Question

Given the following account balances at the end of the first year of operations:  Assuming that variances are considered material, the entry and amount of the direct material efficiency variance allocated to work in process inventory is
A) Credit $26,000 
B) Credit $24,375 
C) Debit $17,333 
D) Debit $8,125

Quizplus · Accepted Answer

The Answer of Given the following account balances at the end of the first year of operations:  Assuming that variances are considered material, the entry and amount of the direct material efficiency variance allocated to work in process inventory is
A) Credit $26,000 
B) Credit $24,375 
C) Debit $17,333 
D) Debit $8,125

Given the Following Account Balances at the End of the First