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Author Question: Amos, Inc. uses a standard cost system in which direct materials are carried at standard cost. ... (Read 25 times)

meganh99

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on: Feb 5, 2023
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.
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by meganh99 on Feb 5, 2023

Jaclyn92G6

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Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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meganh99

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Reply 2 on: Feb 5, 2023
Great answer, keep it coming :)

amynguyen1221

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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