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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
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 produ the 10-gallon plastic container. Budgeted quantity Budgeted price Direct materials 0.4 pounds $100 per pound Direct labor 0.05 hours $25 per hour During June, Heavy Products produced and sold 20,000 containers using 1,400 pounds of direct materials at an average cost per pound of $102 and 1,000 direct manufacturing labor - hours at an average wage of $101.00 per hour. The direct manufacturing labor officiency variance during June is _ A. $5,050 unfavorable OB. $76,000 favorable O C. $0 OD. $1,520,000 unfavorable
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