Ingredient A12H is a raw material used to make Calvin Corporation's major product. The standard cost of ingredient A12H is $23.00 per ounce and the standard quantity is 3.8 ounces per unit of output. Data concerning the compound for October appear below: Cost of material purchased in October, per ounce $23.10 Material purchased in October, ounces 2, 300 Material used in production in October, ounces 2, 120 Actual output in October, units 600 The raw material was purchased on account. The debit to the Raw Materials account for October would total: ______ A) $48, 760. B) $52, 900. C) $53, 130. D) $52, 440. Ingredient A12H is a raw material used to make Calvin Corporation's major product. The standard cost of Ingredient A12H is $23.00 per ounce and the standard quantity is 3.8 ounces per unit of output. Data concerning the compound for October appear below: Cost of material purchased in October, per ounce $23.10 Material purchased in October, ounces 2, 300 Material used in production in October, ounces 2, 120 Actual output in October, units 600 The raw material was purchased on account. The Materials Quantity Variance for October would be recorded as a: _______ A) debit of $3, 680. B) credit of $3, 680. C) debit of $4, 140. D) credit of $4, 140. Which of the following organizational policies is most likely to result in undesirable managerial behavior? (CMA adapted) _______ A) The budgeting process at Lawrence Manufacturing starts with operating managers providing goals for their respective departments. B) Gallen Lighting holds quarterly meetings of departmental managers to consider possible changes in the budgeted targets due to changing conditions. C) Felix Eagle, the chief executive officer of Eagle Rock Brewery, wrote a memorandum to his executives stating, "Operating plans are contracts and they be met without fail." D) Raj Chemicals sponsors television coverage of cricket matches between national team representing India and Pakistan. The expenses of such media sponsorship are not allocated to its various divisions. When a manager is concerned with monitoring total cost, total revenue, and net profit conditioned upon the level of productivity, an accountant should normally recommend: (CPA adapted)