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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

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M92018696

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