Duralast is a company which manufactures automotive and marine batteries. The have developed standard costs for direct m
Posted: Wed Apr 27, 2022 11:31 am
Duralast is a company which manufactures automotive and marine
batteries. The have developed standard costs for direct material
and direct labor. In 2022, Duralast estimated the following
standard costs for one of their major products, an 800 amp
battery.
During April, Duralast produced and sold 25,000 containers. They
purchased 23,000 pounds of direct materials and used 21,000 pounds
of direct materials at an average cost per pound of $75 and 17,500
direct manufacturing labor-hours at an average wage of $35.75 per
hour.
The direct material price variance during April is ________.
batteries. The have developed standard costs for direct material
and direct labor. In 2022, Duralast estimated the following
standard costs for one of their major products, an 800 amp
battery.
During April, Duralast produced and sold 25,000 containers. They
purchased 23,000 pounds of direct materials and used 21,000 pounds
of direct materials at an average cost per pound of $75 and 17,500
direct manufacturing labor-hours at an average wage of $35.75 per
hour.
The direct material price variance during April is ________.