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Question 21 1.5 points Sharjah Dates Valley Orchards, Inc. (SVO), developed standard costs for direct material and direct labor. In 2011. SVO estimated the following
Question 21 1.5 points Sharjah Dates Valley Orchards, Inc. (SVO), developed standard costs for direct material and direct labor. In 2011. SVO estimated the following standard costs for one of their most well loved products, the SVO classic Grandma's large apple pie which had a brown sugar coating on the top of the crust as well as including cranberry and mince ingredients in addition to the apples. (2x2-4) Budgeted quantity. Budgeted price Direct materials 15 pounds 57.25 per pound Direct labor 0.25 hours S14,00 per hour During September. SVO produced and sold 1.200 pies using 1.875 pounds of direct materials at an average cost per pound of $7.00 and 320 direct labor hours at an average wage of $14.25 per hour September's direct material price variance is A) $468.75 favorable B) 5468.75 unfavorable C) $75.00 untavorable D) None of these answers are correct, B D Question 21 of 40 Moving to another question w save this response
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