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Answer the following questions using the information below:
Apple Valley Orchards, Inc. (AVO) , developed standard costs for direct material and direct labor. In 2011, AVO estimated the following standard costs for one of their most well loved products, the AVO classic Grandma's large apple pie which had a brown sugar coating on the top of the crust as well as including cranberry and mince ingredients in addition to the apples.
During September, AVO produced and sold 1,200 pies using 1,875 pounds of direct materials at an average cost per pound of $7.00 and 280 direct labor hours at an average wage of $14.25 per hour.
-September's direct material flexible-budget variance is:
Bibliographical Study
An academic investigation involving the systematic listing, categorizing, and analyzing of published works on a specific subject.
Developmental Changes
Transformations or transitions that occur in human beings between birth and the end of adolescence, as the individual progresses from dependency to increasing autonomy.
Reconstructing Subjects' Pasts
A method used in psychology and history to piece together the past experiences of individuals based on available records and narratives.
Baby Boom
Refers to a significant increase in the birth rate, particularly the notable surge following World War II in various countries, especially the United States.
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