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Heavy Products, Inc. (HPI) developed standard costs for direct material and direct labor. In 2020, HPI estimated the following standard costs for one of their

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Heavy Products, Inc. (HPI) developed standard costs for direct material and direct labor. In 2020, HPI estimated the following standard costs for one of their major products, the 10-gallon plastic container Budgeted quantity Budgeted price Direct materials 0.7 pounds $50 per pound Direct labor 0.2 hours $25 per hour During June, Heavy Products produced and sold 16,000 containers using 2,300 pounds of direct materials at an average cost per pound of 553 and 11,200 direct manufacturing labor-hours at an average wage of $26 25 per hour. The direct manufacturing labor price variance during June is OA. $14,000 unfavorable O B. $6,900 unfavorable OC. $438,100 unfavorable OD. $14,000 favorable lor the of

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