Answer the following questions using the information below:
Sawyer Industries, Inc. (SII) , developed standard costs for direct material and direct labor. In 2011, SII estimated the following standard costs for one of their major products, the 30-gallon heavy-duty plastic container.
During July, SII produced and sold 5,000 containers using 1,100 pounds of direct materials at an average cost per pound of $24 and 525 direct manufacturing labor hours at an average wage of $14.75 per hour.
-July's direct material efficiency variance is:
Definitions:
Recording Sessions
The process of capturing audio, video, or digital recordings of events, meetings, or conversations.
Narrative Recording
A method of documenting information in social work and other fields that focuses on a descriptive, chronological account of events or client interactions.
Rational Numbers
Numbers that can be expressed as the quotient or fraction of two integers, where the denominator is not zero.
Real Number Line
A line that graphically represents all real numbers in a continuous sequence, with points corresponding to numbers.
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