Heavy Products, Inc. developed standard costs for direct material and direct labor. In 2017, All estimated...
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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 0.30 pounds Direct labor Budgeted quantity Budgeted price $90 per pound 0.25 hours $30 per hour During June, Heavy Products produced and sold 15,000 containers using 2,400 pounds of direct materials at an average cost per pound of $92 and 3,750 direct manufacturing labor-hours at an average wage of $91.25 per hour. The direct manufacturing labor efficiency variance during June is OA. $229,687.5 favorable B. $85,547 unfavorable C. $918,750 unfavorable OD. $0 15 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 0.30 pounds Direct labor Budgeted quantity Budgeted price $90 per pound 0.25 hours $30 per hour During June, Heavy Products produced and sold 15,000 containers using 2,400 pounds of direct materials at an average cost per pound of $92 and 3,750 direct manufacturing labor-hours at an average wage of $91.25 per hour. The direct manufacturing labor efficiency variance during June is OA. $229,687.5 favorable B. $85,547 unfavorable C. $918,750 unfavorable OD. $0 15
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