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Home Q & A Board Other Fields Homework Help Business Accounting
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bluerose501 bluerose501
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A year ago
Thrope, Inc. purchased 1,700 pounds of direct materials at a price of $1.20 per pound. The standard price of the material is $1.30 per pound. Thrope used 1,500 pounds in production while the standard pounds allowed for actual production was 1,300.

Required:

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

Managerial Accounting


Edition: 4th
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mkql12mkql12
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A year ago
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bluerose501 Author
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A year ago
Thanks
Gorgio_De
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Yesterday
Correct Slight Smile TY
husne
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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