Answer the following questions using the information below:
Cootamundra Industries (CI) ,developed standard costs for direct material and direct labour.In 2018,CI estimated the following standard costs for one of their major products,the 30-litre heavy-duty plastic container.
During July,CI produced and sold 10 000 containers using 2200 kg of direct materials at an average cost per kg of $24 and 1050 direct manufacturing labour hours at an average wage of $14.75 per hour.
-July's direct manufacturing labour price variance is:
A) $700.00 unfavourable.
B) $787.50 unfavourable.
C) $1487.50 favourable.
D) None of these answers are correct.
Correct Answer:
Verified
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