Heavy Products, Inc. (HPI) developed standard costs for direct material and direct labor. In 2020,...
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Heavy Products, Inc. HPI developed standard costs for direct material and direct labor. In HPI estimated the following standard costs for one of their major products, the gallon plastic container.
tableBudgeted quantity.,Budgeted priceDirect materials, pounds,$ per poundDirect labor, hours,$ per hour
During June, Heavy Products produced and sold containers using pounds of direct materials at an average cost per pound of $ and direct manufacturing laborhours at an average wage of $ per hour.
The direct manufacturing labor efficiency variance during June is:
$ unfavorable
$ unfavorable
$
$ favorable
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