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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

FINANCIAL STATEMENT ANALYSIS CASERC, Inc. manufactures a variety of consumer products. Thecompany’s founders have...FINANCIAL...

Accounting
Q

a. Tom designed a complete factorial experiment with 2 factors. One factor had 4 levels, the...

Statistics
Q

You are the owner of a lawn service company (LawnCo) which provides grounds and maintenance services...

Advance Math
Q

CHOOSE THE CORRECT ANSWER AND EXPLAIN FOR EACH OPTION WHY YOU DID NOT CHOOSE THAT OPTION. Arrange...

Biology
Q

What is Eutrophication and how it can impact the microbial diversity in ecosystems?

Biology
Q

Are guns a public health crisis? Explain. What groups are most at risk of injury or...

Psychology
Q

window Original document Consolidated MessengerManual Original Label unmarked changes with Sean Chal Less Comparison settings...

Biology
Q

sly recognized similarities that seemed to connect slime molds and fungi are now considered to...

Biology
Q

Two identical small bodies each of mass m and charge q are suspended from two...

Physics
Q

12 4x 2 83x 1 x a 1 11 b 1 C 1 d 1

Calculus
Q

Part 1 of 6 a As x 00 f x 3 Part 2 of 6...

Calculus
Q

Megatronics Corporation, a massive retailer of electronic products, is organized in four...

Accounting