(Chapter 21)
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| The standard cost of the actual quantity of raw material G issued to production was $150,000. The materials usage variance was $10,000 favourable. The materials price variance was $30,000 adverse. The increase in raw material inventories was $10,000 at standard cost. What was the amount spent on purchases of raw materials for the period? A $160,000 B $170,000 C $180,000 D $190,000 |