Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
Befuddled Befuddled
wrote...
Go to Answer
Posts: 123
Rep: 0 0
A year ago
Amos, Inc. uses a standard cost system in which direct materials are carried at standard cost. Standards for one unit of product are: standard quantity of 8-1/2 gallons and standard price $1.85 per gallon. During March, Amos purchased 150,000 gallons of direct materials at a cost of $300,000 and used 150,500 gallons in production of 18,000 units.

Required:

Calculate the direct materials price and quantity variances and indicate whether each variance is favorable or unfavorable.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
Read 54 times
1 Reply
Replies
Answer verified by a subject expert
ricyoungricyoung
wrote...
#1
Posts: 114
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Befuddled Author
wrote...

A year ago
Helped a lot
hmonier
wrote...

Yesterday
This helped my grade so much Perfect
aznzergs
wrote...

2 hours ago
Thanks
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1410 People Browsing
 132 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 262
  
 256
  
 35128
Your Opinion
What percentage of nature vs. nurture dictates human intelligence?
Votes: 431
Previous poll results: Which country would you like to visit for its food?