Portsmouth Incorporated's flexible budget for June, based upon actual output, called for the use of $10,500$ pounds of materials at a standard cost of $$7\mathrm{.}40$ per pound. The Production Department actually used $10,700$ pounds of materials costing $$7\mathrm{.}10$ per pound during June.

The journal entry to record the cost of direct materials used in June includes each of the following except a:

Multiple Choice

Credit to Materials Price Variance of $$3,210.$

Credit to Direct Materials Inventory of $$77,700.$

Debit to Work in Process inventory of $$77,700.$

Debit to Materials Quantity Variance of $$1,480$