Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 10 of 15 estion 10 2 points Save A Animent Industries, Inc. All developed standard costs for direct materol and direct labor. In 2015,

image text in transcribed
Question 10 of 15 estion 10 2 points Save A Animent Industries, Inc. All developed standard costs for direct materol and direct labor. In 2015, Al estimated the following standard costs for one of their major products, the 10 gallon plastic container Budgeted quantity Helgelerke Direct materiale 090 pounds $90 per pound Direct labor 0.05 hours $30 per hour During June. All produced and sold 22.000 containers using 23.000 pounds of direct materials at an average cost per pound of 592 and 19.000 direct manufacturing labor. hours at an average wace of 530.50 per hour. The direct material price variance during june is 59900 favorable 546,000 unfavorable 5334,000 unfavorable 5334,000 favorable

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing A Risk Based Approach to Conducting a Quality Audit

Authors: Karla Johnstone, Audrey Gramling, Larry E. Rittenberg

10th edition

1305080572, 978-1305465664, 1305465660, 978-1305080577

More Books

Students also viewed these Accounting questions