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Animent Industries, Inc. I, developed standard costs for direct material and direct labor. In 2015, All estimated the following standard costs for one of their

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Animent Industries, Inc. I, developed standard costs for direct material and direct labor. In 2015, All estimated the following standard costs for one of their major products, the 10- gallon plastic container. Budgeted quantity Budgeted price Direct materials 0.10 pounds 5100 per pound Direct labor 0.05 hours 535 per hour During June, All produced and sold 17,000 containers using 2500 pounds of direct materials at an average cost per pound of 5105 and 1700 direct manufacturing labar hours at an average wage of $35.75 per hour. The direct manufacturing labor price variance during June is O $1275 unfavorable $92,500 unfavorable $1275 favorable $12.500 unfavorable

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