Standard costs for direct materials and direct labor

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Reference no: EM131263931

Animent Industries Inc. (ALL), developed standard costs for direct materials and direct labor. In 2015, All estimated the …. Of their major products, the 10-gallon plastic container

Budgeted quantity Budgeted price

Direct Materials .10 pounds 60 dollars per pound

During June, All produced and sold 20,000 containers using 1,900 pounds of direct materials at an average cost per pound of direct materials

1. What is the direct material efficiency variance during June?

a) 7600 F

B) 7600 U

c) 6000 F

D) 6000 U

E) none of the above

2. What is the direct material price variance during June?

A) Idk answer

b) 7600 U

c) 7500 F

D) 7500 U

e) 6000 F

Reference no: EM131263931

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