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Answer the Following Questions Using the Information Below:
Robert Jones

question 176

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Answer the following questions using the information below:
Robert Jones Industries (RJ) ,developed standard costs for direct material and direct labour.In 2018,RJ estimated the following standard costs for one of their major products,the 10-litre wine barrel.
 Budgeted quantity  Budgeted price  Direct materials 0.10 kg$30 per kg Direct labour 0.05 hours $15 per hour \begin{array} { l l l } & \text { Budgeted quantity } & \text { Budgeted price } \\\text { Direct materials } & 0.10 \mathrm {~kg} & \$ 30 \text { per } \mathrm { kg } \\\text { Direct labour } & 0.05 \text { hours } & \$ 15 \text { per hour }\end{array} During June,RJ produced and sold 5000 containers using 490 kg of direct materials at an average cost per kg of $32 and 250 direct manufacturing labour-hours at an average wage of $15.25 per hour.
-June's direct material flexible-budget variance is:


Definitions:

Igneous Features

Physical characteristics or structures formed from solidified magma, such as volcanic rock formations, lava flows, and intrusive bodies.

Batholiths

Large intrusions of igneous rock that have been exposed over extensive areas of the Earth's surface due to erosion of overlying material.

Igneous Feature

A geological formation that is formed from solidified magma or lava.

Laccolith

A dome-shaped igneous intrusion between rock layers, formed by the injection of magma.

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