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Use the information below to answer the following question(s) .Robb Industries Inc.(RII) , developed standard costs for direct material and direct labour.In 2019, RII estimated the following standard costs for one of their major products, the 10-litre plastic container. During June 2020, RII produced and sold 5,000 containers using 490 kilograms of direct materials at an average actual cost per kilogram of $32 and 250 direct manufacturing labour-hours at an average actual wage of $15.25 per hour.
-June's direct material rate variance is
Pay Secrecy
Policies or practices that discourage or prohibit employees from discussing their compensation with coworkers.
Unionized Firms
Companies where a majority of the workforce is a member of a labor union, which represents the employees in negotiations with the employer.
Psychological Contracts
The unwritten set of expectations between an employer and an employee regarding mutual obligations.
Formal Procedures
Standardized methods and processes established by an organization to conduct its operations.
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