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Question 5 0 out of 2 points Alpha Company developed standard costs for direct material and direct labour. In 2023, Alpha estimated the following
Question 5 0 out of 2 points Alpha Company developed standard costs for direct material and direct labour. In 2023, Alpha estimated the following standard costs for one of their major products, the 10-gallon plastic container. Budgeted quantity Budgeted price Direct materials 0.67 pounds $70 per pound Direct labour 0.31 hours. $30.41 per hour During March 2023, Alpha produced and sold 24090 containers, purchasing and using 14059 pounds of direct materials at an average cost per pound of $69 and 7029 direct manufacturing labour-hours at an average wage of $35.87 per hour. The direct material flexible-budget variance of the product for March 2023 is $ (If the variance is unfavourable, present your answer as a negative (e.g. -100), if it is a favourable variance, present as it is (e.g., 100)). (Round your final answer to the nearest dollar.) Selected Answer: 13,346.949
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