Whispering Winds Company uses a standard cost accounting system. Some of the ledger accounts have been destroyed in a fire. The controller asks for your help in reconstructing some missing entries and balances.

$($a$)$

Your Answer

Materials Price Variance shows a $$3,300$ favourable balance. Accounts Payable shows $$149,000$ of raw materials purchases. What was the amount debited to Raw Materials Inventory for raw materials purchased?

The amount debited

$($b$)$

Materials Quantity Variance shows a $$2,600$ unfavourable balance. Raw Materials Inventory shows a zero balance. What was the amount debited to Work in Process Inventory for direct materials used?

The amount debited