Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. heavy products, inc. developed standard costs for

Heavy Products, Inc. developed standard costs for direct material and direct labor. In 2017, All...

60.1K

Verified Solution

Question

Accounting

image

Heavy Products, Inc. developed standard costs for direct material and direct labor. In 2017, All estimated the following standard costs for one of their major products, the 10- gallon plastic container Direct materials Direct labor Budgeted quantity 0.6 pounds 0.15 hours Budgeted price $80 per pound $25 per hour During June, Heavy Products produced and sold 24,000 containers using 1,900 pounds of direct materials at an average cost per pound of $82 and 14,400 direct manufacturing labor- hours at an average wage of $26.56 per hour. The direct manufacturing labor price variance during June is OA. OB. OC. $22,464 unfavorable $22,464 favorable $996,200 unfavorable D, $3,800 unfavorable

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

You are interested in buying a share that paid its last annual dividend 9 months ago....

Physics
1.2K views

directions 7 A rectangular rigid fixed block has a long horizontal edge A solid homogeneous...

Physics
1.2K views

A rod of mass M and length I is placed in a horizontal plane with...

Physics
1.2K views

3 4 Q 34 Four cells of emf and internal resistance as shown are connected...

Basic Math
1.2K views

In an automated production process a hydraulic ram moves a 180 kg crate with a...

Basic Math
1.2K views

Use a calculator with a yX key or a A key to solve the following.The...

Calculus
1.2K views

Differentiate g x x x 3 x ex

Calculus
1.2K views

Graph each function 32 f x fool 4 2 x 3 2 6 2 2...

Accounting
1.2K views

0-2 6 Saved Help Sav Exercise 10-2 Accept new...

Accounting
1.2K views

What is tge total cash payment for thomas company

Accounting
1.2K views

Which of the following is not a reason why an organization prepares and uses budgets?...

Accounting
1.2K views

eBook Calculator Materials and Labor Variances Deporte Company produces single-colored t-shirts.Materials for the shirts are...