debit to Raw Materials inventory for $11985,$ debit to Materials Price Variance for $$705$ and credit to Accounts Payable for $$12690.$ debit to Materials Price Variance for $$705$ and credit to Accounts Payable for $$705.$debit to Raw Materials inventory for $$12690$ and credit to Accounts Payable of $$12690$debit to Raw Materials inventory for $$11985$ and credit te Accounts Payable of $$11985.$