Community Manufacturing Inc. developed the following standard costs for direct material and direct labor for one of their major products, the 30-gallon heavy-duty plastic container.
During May, Community produced and sold 10,000 containers using 2,200 pounds of direct materials at an average cost per pound of $24 and 1,050 direct labor hours at an average wage of $14.75 per hour.
-May's direct labor cost variance was:
Definitions:
Erodes Material
The process by which earth, rock, or other materials are worn away by natural forces such as water flow, wind, or ice.
Abrasion
The wearing away of rock or other material surfaces through contact with particles such as sand or pebbles being moved by wind, water, or ice.
Turbulence
A state of fluid flow characterized by chaotic, irregular motion, often encountered in the atmosphere or in flowing water.
Discharge Pattern
The variation in the volume of water that flows in a stream or river over time.
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