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Heavy Products, Inc. developed standard costs for direct material and direct labor. In 2017, All estimated the following standard costs for one of their major

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Heavy Products, Inc. developed standard costs for direct material and direct labor. In 2017, All estimated the following standard costs for one of their major products, the 10- gallon plastic container. Direct materials Direct labor Budgeted quantity. 0.8 pounds 0.2 hours Budgeted price $50 per pound $25 per hour During June, Heavy Products produced and sold 22,000 containers using 24,000 pounds of direct materials at an average cost per pound of $52 and 17,600 direct manufacturing labor hours at an average wage of $26.56 per hour. The direct material price variance during June is A. $368,000 unfavorable B. $368,000 favorable C. $27,456 favorable D. $48,000 unfavorable

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