If the direct materials price variance is $500 favorable, and the direct materials quantity variance is $250 unfavorable, the journal entry will include a: (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) check all that apply Debit to direct materials price varianceunanswered Credit to direct materials price varianceunanswered Debit to direct materials quantity varianceunanswered Credit to direct materials quantity variance

To account for Direct Material Variance for for price and quantity, it is pertinent to note that Unfavorable variances should be recorded as debits while favorable variances should be recorded as credits.

Therefore

If the direct materials price variance is $500 favorable, Then Credit should be made to direct material price variance and

If the direct materials quantity variance is $250 unfavorable, Then a Debit should be made to direct materials quantity variance.

andromache andromache · Answer 2 · 2021-12-31T13:48:54+01:00

The journal entry should include credited to direct material price variance and debited to direct materials quantity variance.

The following information should be considered:

The favorable price variance is credited to direct material price variance and unfavorable is debited .
Unfavorable quantity variance is debited to direct materials quantity variance.

Learn more: brainly.com/question/16911495