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Genent Industries, Inc. (GI), developed standard costs for direct material and direct labor. In 2015,...

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Accounting

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Genent Industries, Inc. (GI), developed standard costs for direct material and direct labor. In 2015, Glextmated the following standard contester era of their major producers, the plan heavy duty plastic container Direct matinale 10 pounds $50 per pound Direct laber 0.30 hour During July, Gil produced and sold 4000 containers using 550 pounds of direct materials at an average cost per pound of $45 and 1200 direct mandeturing her own weg we of $19.50 per hour The direct manufacturing labor price variance during July is O $600.00 favorable O $4750.00 unfavorable O $645.00 favorable O 51710.00 unfavorable

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