This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Heavy Products, Inc. developed standard costs for direct material and direct labor. In 2017, AII ... (Read 39 times)

fagboi

  • Hero Member
  • *****
  • Posts: 535
on: Mar 6, 2021
Heavy Products, Inc. developed standard costs for direct material and direct labor. In 2017, AII estimated the following standard costs for one of their major products, the 10-gallon plastic container.

Budgeted quantityBudgeted price
Direct materials0.70 pounds$70 per pound
Direct labor0.10 hours$35 per hour

During June, Heavy Products produced and sold 25,000 containers using 23,000 pounds of direct materials at an average cost per pound of $75 and 17,500 direct manufacturing labor-hours at an average wage of $35.75 per hour.

The direct material price variance during June is ________.
◦ $115,000 unfavorable
◦ $500,000 favorable
◦ $500,000 unfavorable
◦ $13,125 favorable
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by fagboi on Mar 6, 2021

Pariscourtney

  • Sr. Member
  • ****
  • Posts: 352
Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 55% of students answer this correctly


fagboi

  • Member
  • Posts: 535
Reply 2 on: Mar 6, 2021
Excellent

komodo7

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Overview of material uptake and long-distance transport processes in plants Overview of material uptake and long-distance transport processes in plants
A standard employment application form may be used. A standard employment application form may be used.
Ischemic compression (i.e., direct pressure) to a trigger point in the trapezius muscle. Ischemic compression (i.e., direct pressure) to a trigger point in the trapezius muscle.
Dorsiflexion of the foot with direct pressure to bottom of foot with the thumbs. Dorsiflexion of the foot with direct pressure to bottom of foot with the thumbs.
Mastering Biology Question Mastering Biology Question
Find a quadractic equation that models the data in standard form Find a quadractic equation that models the data in standard form
Video: Hydrogen bonds - role in the body

For a complete list of videos, visit our video library