question 36

A company issues raw materials to production at a cost of $31, 600 when the standard cost is $29, 400. Which of the following entries will be used to record the transaction? Credit to Materials Quantity Variance for $2, 200 Debit to Materials Quantity Variance for $2, 200 Credit to Materials Price Variance for $2, 200 Debit to Materials Price Variance for $2, 200