Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

Safari File Edit View History Bookmarks Window Help Fri 3:06 PM QO 0 Mail Mera .. Out ang - 2 Demo ACC 212- Fall 2020

image text in transcribed

Safari File Edit View History Bookmarks Window Help Fri 3:06 PM QO 0 Mail Mera .. Out ang - 2 Demo ACC 212- Fall 2020 Benjamin Moskow 11/20/20206 PM Homework: Chapter 7 Homework Same Score: 0 of 5 pts 4 B of 5 completely 8 HW Score: 39.31%. 31.45 of 80 pts 7.5-11a Question Ganent Industries, Inc. (GI), developed standard costs for direct material and direct labor, in 2017, il estimated the following standard cents for one of their major products, the 30- gation heavy-duty plante containe Budgeted quantity Budgeted price Direct materials 02 pounds 550 per pound Direct labor 07 hours $17 per hour During July, Gil produced and sold 4,000 containers using 1.100 pounds of direct materials at an average cost per pound of 547 and 2,850 direct manufacturing labor hours at an average age of 517 40 per hou. Julys direct material flexible - budget variance is A $15,000 favorable B. $17.400 unfavorable OC $11.700 unfavorable OD. $0 Click to select your answer and then click Check Answer Clear A All parts showing S 9 DE MacBook Air

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

Accounting

Authors: Michael J. Jones

2nd Edition

0470017791, 978-0470017791

More Books

Students explore these related Accounting questions