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Genent Industries, Inc. ( GII ) , developed standard costs for direct material and direct labor. In 2 0 1 7 , GII estimated the
Genent Industries, Inc. GII developed standard costs for direct material and direct labor. In GII estimated the following standard costs for one of their major
products, the gallon heavyduty plastic container
During July, GII produced and sold containers using pounds of direct materials at an average cost per pound of $ and direct manufacturing labor hours at
an average wage of $ per hour
The direct material efficiency variance during July is
favorable $
unfavorable $
favorable $
unfavorable $
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