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  
bluerose501 bluerose501
wrote...
Go to Answer
Posts: 128
Rep: 0 0
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
Author:
Read 68 times
1 Reply
Replies
Answer verified by a subject expert
mkql12mkql12
wrote...
#1
Posts: 143
Rep: 1 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

bluerose501 Author
wrote...

A year ago
Just got PERFECT on my quiz
Hellish Lover
wrote...

Yesterday
You make an excellent tutor!
husne
wrote...

2 hours ago
Thanks for your help!!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1288 People Browsing
 126 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 337
  
 8448
  
 7173
Your Opinion
Who will win the 2024 president election?
Votes: 3
Closes: November 4
Previous poll results: Does a gender wage gap exist in America?