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Thomas Company Uses a Standard Cost System and Recognizes the Materials

Question 10

Multiple Choice

Thomas Company uses a standard cost system and recognizes the materials purchase price variance at the time materials are purchased.Information for raw materials for Product RBI for the month of October follows: Thomas Company uses a standard cost system and recognizes the materials purchase price variance at the time materials are purchased.Information for raw materials for Product RBI for the month of October follows: What is the materials quantity variance? A) $180 unfavorable B) $165 unfavorable C) $180 favorable D) $165 favorable What is the materials quantity variance?


A) $180 unfavorable
B) $165 unfavorable
C) $180 favorable
D) $165 favorable

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