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Just need to find the price and quantity variance. 32. Throop Company's standards call for one kilogram of materials for each unit of output at
Just need to find the price and quantity variance.
32. Throop Company's standards call for one kilogram of materials for each unit of output at a cost of S2 per kilogram for the raw materials. Actual output was 50,000 units of product requiring 45,000 kilograms of raw materials at a cost of $2.10 per kilogram. There were no beginning or ending inventories of raw materials. The direct material price variance and quantity variance were A) B) C) D) Price Quantity $ 4,500 unfavorable $10,000 favorable S 5,000 favorable $10,500 unfavorable $ 5,000 unfavorable S10,500 favorable $10,000 favorable S 4,500 unfavorableStep by Step Solution
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