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Answer the Following Questions Using the Information Below:
Robert Jones

question 70

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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 efficiency variance is:


Definitions:

Time Management

The process of organizing and planning how to divide one's time between specific activities efficiently.

Prioritizing Goals

The process of determining the relative importance of various goals and deciding which to focus on first, based on their significance and urgency.

Interrole Conflict

A form of conflict that arises when an individual faces competing expectations or demands from different roles they play in their life or work.

Bulk Order

A large quantity of goods ordered at once, often to benefit from cost savings.

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