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Genent Industries, Inc. (GHI), developed standard costs for direct material and direct labor, in 2017. Ollestimated the following standard costs for one of their major

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Genent Industries, Inc. (GHI), developed standard costs for direct material and direct labor, in 2017. Ollestimated the following standard costs for one of their major products, the 30-gallon heavy-duty plastic container Budgeted quantity Budgeted price Direct materials 0.8 pounds $40 per pound Direct labor 0.7 hours $18 per hour During July, Gil produced and sold 4.000 containers using 3,300 pounds of direct materials at an average cost per pound of $38 and 2.850 direct manufacturing labor hours at an average wage of $18.30 per hour The direct manufacturing labor price variance during Aly's O A. $2,600.00 unfavorable OB. 5000.00 unfavorable OC. $840.00 favorable OD. $855.00 unfavorable

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