Genent Industries, Inc. (GIl), developed standard costs for direct material and direct labor. In 2017,...
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Genent Industries, Inc. (GIl), developed standard costs for direct material and direct labor. In 2017, Gll estimated the following standard costs for one of their major products, the 30 - gallon heavy- duty plastic container. Budgeted quantity 0.7 pounds 0.2 hours Budgeted price $10 per pound $11 per hour Direct materials Direct labor During July, Gll produced and sold 3,000 containers using 2,250 pounds of direct materials at an average cost per pound of $6 and 675 direct manufacturing labor hours at an average wage of $11.25 per hour. The direct manufacturing labor efficiency variance during July is O A. $994 favorable B. $825 unfavorable O C. $169 favorable O D. $844 unfavorable
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