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Author Question: Thrope, Inc. purchased 1,700 pounds of direct materials at a price of $1.20 per pound. The standard ... (Read 55 times)

Adc3669

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on: Feb 5, 2023
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.
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by Adc3669 on Feb 5, 2023

koung719

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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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Adc3669

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review

covalentbond

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

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