Answer the following questions using the information below:
Robert Jones Industries (RJ) ,developed standard costs for direct material and direct labour.In 2018,RJ estimated the following standard costs for one of their major products,the 10-litre wine barrel.
During June,RJ produced and sold 5000 containers using 490 kg of direct materials at an average cost per kg of $32 and 250 direct manufacturing labour-hours at an average wage of $15.25 per hour.
-June's direct material price variance is:
A) $980 unfavourable.
B) $680 favourable.
C) $300 favourable.
D) None of these answers are correct.
Correct Answer:
Verified
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