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Genent Industries, Inc. (GII), developed standard costs for direct material and direct labor. In 2017, GIl estimated the following standard costs for one of their
Genent Industries, Inc. (GII), developed standard costs for direct material and direct labor. In 2017, GIl estimated the following standard costs for one of their major products, the 30-gallon heavy-duty plastic container. Budgeted quantity Budgeted price Direct materials 0.4 pounds $20 per pound Direct labor 0.1 hours $14 per hour During July, Gil produced and sold 4,000 containers using 1,800 pounds of direct materials at an average cost per pound of $18 and 490 direct manufacturing labor hours at an average wage of $14.25 per hour. The direct manufacturing labor efficiency variance during July is O A. $1,383 favorable B. $1,283 unfavorable C. $123 favorable D. $1,260 unfavorable
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