Can you please show me the steps to get the correct answer (not the one...
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Can you please show me the steps to get the correct answer (not the one in red)? Thanks
Question 5 0/0.15 pts Robb Industries, Inc. (RII), developed standard costs for direct material and direct labor. In 2004, Ril estimated the following standard costs for one of their major products, the 10-gallon plastic container. So SP Direct material 0.10 lbs $30.5/lb Direct labor .05 hours $15.75/hour During June, Ril produced and sold 5.000 containers using 495 pounds of direct materials at an average cost per pound of $32 and 280 direct manufacturing labor- hours at an average wage of $15.80 per hour. What is the direct material flexible budget variance? (enter a negative number for favorable variance) You Answered 2.200 Correct Answer 590 margin of error +/- 1
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