Answer the following questions using the information below:
Diana Industries, Inc. (DII) , developed standard costs for direct material and direct labor. In 2010, DII estimated the following standard costs for one of their major products, the 10-gallon plastic container.
During June, DII produced and sold 10,000 containers using 980 pounds of direct materials at an average cost per pound of $32 and 500 direct manufacturing labor-hours at an average wage of $15.25 per hour.
-June's direct material flexible-budget variance is:
Definitions:
Kin Selection
An evolutionary strategy that favors the reproductive success of an organism's relatives, even at a cost to the organism's own survival and reproduction.
Homosexuality
A sexual orientation characterized by a romantic or sexual attraction to individuals of the same sex.
Evolutionary Hypothesis
A theory suggesting that certain behaviors or traits have developed over time because they were advantageous for survival and reproduction.
Self-determination Theory
A psychological theory that focuses on people's inherent growth tendencies and innate psychological needs.
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