{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-21T21:02:57-04:00", "answer_date": "2024-05-21 21:02:57", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1473533", "url": "\/study-help\/questions\/0-question-27-2-pts-demizio-valley-orchards-inc-dvo-1473533", "question_creation_date_js": "2024-05-21T21:02:57-04:00", "question_creation_date": "May 21, 2024 09:02 PM", "meta_title": "[Solved] 0 Question 27 2 pts Demizio Valley Orchar | SolutionInn", "meta_description": "Answer of - 0 Question 27 2 pts Demizio Valley Orchards, Inc. (DVO), developed standard costs for direct material and direct labor | SolutionInn", "meta_keywords": "question,27,2,pts,demizio,valley,orchards,inc,dvo,developed,standard,costs", "question_title_h1": " 0 Question 27 2 pts Demizio Valley Orchards, Inc. (DVO), developed standard costs for direct material and direct labor. In 2015, DVO estimated the", "question_title": " 0 Question 27 2 pts Demizio Valley Orchards, Inc. (DVO), developed", "question_title_for_js_snippet": "0 Question 27 2 pts Demizio Valley Orchards, Inc (DVO), developed standard costs for direct material and direct labor In 2015, DVO estimated the following standard costs for one of their most well loved products, the DVO classic Grandma's large apple pie which had a brown sugar coating on the top of the crust as well as including cranberry and mince ingredients in addition to the apples Direct materials Direct labor Budgeted quantity 2 0 pounds 0 20 hours Budgeted orice $6 25 per pound $13 00 per hour During September, DVO produced and sold 1 100 pies using 2,300 pounds of direct materials at an average cost per pound of $6 00 and 200 direct labor hours at an average wage of $13 25 per hour a) The direct material price variance during September is b) The direct material efficiency variance during September is c) The direct labor price variance during September is, d) The direct labor efficiency variance during September is ", "question_description": "\"image", "transcribed_text": "0 Question 27 2 pts Demizio Valley Orchards, Inc. (DVO), developed standard costs for direct material and direct labor. In 2015, DVO estimated the following standard costs for one of their most well-loved products, the DVO classic Grandma's large apple pie which had a brown sugar coating on the top of the crust as well as including cranberry and mince ingredients in addition to the apples. Direct materials Direct labor Budgeted quantity 2.0 pounds 0.20 hours Budgeted orice $6.25 per pound $13.00 per hour During September, DVO produced and sold 1.100 pies using 2,300 pounds of direct materials at an average cost per pound of $6.00 and 200 direct labor hours at an average wage of $13.25 per hour. a) The direct material price variance during September is b) The direct material efficiency variance during September is c) The direct labor price variance during September is, d) The direct labor efficiency variance during September is.", "related_book": { "title": "Fundamental Accounting Principles", "isbn": "9781259566905, 978-0-07-76328, 77862279, 1259566900, 0-07-763289-3, 978-0077862275", "edition": "22nd edition", "authors": "John Wild, Ken Shaw, Barbara Chiappetta", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/441.jpg", "uri": "\/textbooks\/fundamental-accounting-principles-22nd-edition-441", "see_more_uri": "" }, "free_related_book": { "isbn": "1501767771", "uri": "\/textbooks\/bats-their-biology-and-behavior-1st-edition-978-1501767777-237206", "name": "Bats Their Biology And Behavior", "edition": "1st Edition" }, "question_posted": "2024-05-21 21:02:57", "see_more_questions_link": "\/study-help\/questions\/business-finance-2024-September-20", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/questions\/calculate-the-premerger-earnings-per-share-for-admiral-and-favorite-483600", "description": "Calculate the pre-merger earnings per share for Admiral and Favorite and the pre-merger price-to-earnings (P\/E) ratio for each company (based on the stated prices per share). 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