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ABC Corporation purchased 3,000 gallons of raw materials for $9,200. The standard price is $3.00 per gallon. If Myers records the price variance at the

ABC Corporation purchased 3,000 gallons of raw materials for $9,200. The standard price is $3.00 per gallon. If Myers records the price variance at the earliest possible time, the entry to record the purchase of the material is:

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