What is the correct journal entry to record a favorable materials mix variance assuming all material variances are recognized when the direct materials are issued to production?
A.
| Work in Process Inventory | XXX | |
| Direct Materials Mix Variance | XXX | |
| Direct Materials Inventory | XXX |
B.
| Finished Goods Inventory | XXX | |
| Direct Materials Mix Variance | XXX | |
| Work in Process Inventory | XXX |
C.
| Finished Goods Inventory | XXX | |
| Direct Materials Mix Variance | XXX | |
| Work in Process Inventory | XXX |
D.
| Work in Process Inventory | XXX | |
| Direct Materials Mix Variance | XXX | |
| Direct Materials Inventory | XXX |
Answer: A
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