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please anwser asap and i will rate Use the following information to answer 6. The Dexon Company makes and sells a single product, called a

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Use the following information to answer 6. The Dexon Company makes and sells a single product, called a Mip, and employs a standard costing system. The following standards have been established for one unit of Mir Standard Quantity Standard Cos or Hours per MIR Direct Materials 6 board met $9.00 Direct Labour 0.8 hours $9.60 There were no inventories of any kind on August 1. During August, the following events occurred: Purchased 15,000 board metres at the total cost of $24,000. Used 12,000 board metres to produce 2,100 Mins Used 1,700 hours of direct labour time at a total cost of $20,060. 6. To record the purchase of direct materials, the general ledger would include what entry to the Materials Price Variance account? A) $1,500 credit. B) $1,500 debit C) $6,000 credit $6,000 debit. 7. List and explain 3 possible reasons for an unfavourable material quantity variance to occur

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