+1(805) 568 7317

appendix used in part b variable cost variances information on thurmster corporatio 691354

(Appendix used in Part b) Variable Cost Variances

Information on Thurmster Corporation’s direct materials costs follows:

Actual quantities of direct materials used


Actual costs of direct materials used


Standard price per unit of direct materials


Flexible budget for direct materials


Thurmster Corporation has no materials inventories.


a. Prepare a short report for management showing Thurmster Corporation’s direct materials price and efficiency variances.

b. (Appendix) Prepare the journal entries to record the purchase and use of the direct materials using standard costing.

"Order a similar paper and get 15% discount on your first order with us
Use the following coupon

Order Now