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QUESTION 9 During April, a small roofing company purchased 400 bundles of a certain type of shingle at a price of $40 per bundle, S5 more than the standard price. The standard quantity of this type of shingle is 440 bundles. What is the joumal entry to record the purchase of materials'? O a. debit Materials, 19,575 debit Materials Price Variance, 5,800 credit Accounts Payable, 25,375 b.debit Materials, 14,000 debit Materials Price Variance, 2,000 credit Accounts Payable, 16,000 O c. debit Materials, 20,000 credit Materials Price Variance, 5,200 credit Accounts Payable, 13,200 o d. debit Materials, 24,500 credit Materials Price Variance, 5,600 credit Accounts Payable, 18,900 QUESTION 10 Which of the following is used to calculate the fixed overhead volume variance? a. Mixed Overhead Variable Overhead o b. Fixed Overhead-Variable Overhead c. Budgeted Fixed Overhead -Applied Fixed Overhead d. Actual Fixed Overhead- Applied Fixed Overhead e. None of these