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Ex Assignment A company's standard quantity of mates allowed for the actual number of units it produced during the month was 15.000 pounds its standard

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Ex Assignment A company's standard quantity of mates allowed for the actual number of units it produced during the month was 15.000 pounds its standard direct maters cost was $20 per pound. The company's total materiais variance for the month was $20,000 unfavorable of which its materials price variance was $8.000 Tavorable Match the accounts in the sen hand column with the required journal entries in the right hand column Instructions Work in Process Inventory Direct Materials inventory Materials Price Variance Material Quantity Variance $320,000 credit 2000 $S1000 credit $300.000

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