Question: Brief Exercise 24-08 Your answer is partially correct. Try again. Journalize the following transactions for Swifty Company. (a) (b) Purchased 6,400 units of raw materials

 Brief Exercise 24-08 Your answer is partially correct. Try again. Journalize

Brief Exercise 24-08 Your answer is partially correct. Try again. Journalize the following transactions for Swifty Company. (a) (b) Purchased 6,400 units of raw materials on account for $11,950. The standard cost was $12,800. Issued 6,290 units of raw materials for production. The standard units were 6,480. (Credit account titles are automatically indented when amount is entered. Do not indent manu No. Account Titles and Explanation Debit Credit (a) Raw Materials Inventory 12,800 Materials Price Variance Accounts Payable (b) Work in Process Inventory Materials Quantity Variance Raw Materials Inventory Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT

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