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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
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:
LIME Corporation developed standard costs for direct material and direct labor. In 2020, LIME estimated the following standard costs for one of their most well loved products, the LIME classic Mother's Pear Pie which had a brown sugar coating on top. Budgeted quantity Budgeted price Direct materials 2. 0 pounds $6.25 per pound Direct labor 0.20 hours $13.00 per hour During September, LIME 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. The direct labor price variance during September isStep by Step Solution
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