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Compute the June direct material efficiency variance

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Reference no: EM132940941

Question - Robb Industries Inc. (RII), developed standard costs for direct material and direct labour. In 2019, RII estimated the following standard costs for one of their major products, the 10-litre plastic container.

Budgeted Quantity

Direct Materials: 0.10 kilograms

Direct Labour: 0.05 hours

Budgeted Price

Direct Materials: $30 per kilogram

Direct Labour: $ 15 per hour

During June 2020, RII produced and sold 5,000 containers using 490 kilograms of direct materials at an average actual cost per kilogram of $32 and 250 direct manufacturing labour-hours at an average actual wage of $15.25 per hour.

Required - Compute the June direct material efficiency variance?

Reference no: EM132940941

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