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Heavy Products, Inc. developed standard costs for direct material and direct labor. In 2017, AII estimated the following standard costs for one of their major
Heavy Products, Inc. developed standard costs for direct material and direct labor. In 2017, AII estimated the following standard costs for one of their major products, the 10gallon plastic container.
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. 0.2 pounds 0.2 hours Budgeted price $60 per pound $25 per hour During June, Heavy Products produced and sold 25,000 containers using 1,200 pounds of direct materials at an average cost per pound of $63 and 5,000 direct manufacturing labor - hours at an average wage of $25.75 per hour. The direct manufacturing labor price variance during June is A. $3,600 unfavorable B. $3,750 unfavorable C. $3,750 favorable D. $224,400 unfavorableStep by Step Solution
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