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Use the information below to answer the following question(s) .Robb Industries Inc.(RII) , developed standard costs for direct material and direct labour.In 2019, RII estimated the following standard costs for one of their major products, the 10-litre plastic container. During June 2020, RII produced and sold 5,000 containers using 490 kilograms of direct materials at an average actual cost per kilogram of $32 and 250 direct manufacturing labour-hours at an average actual wage of $15.25 per hour.
-June's direct manufacturing labour rate variance is
Grocery Store
A retail store that primarily sells food, including fresh produce, meats, dairy, and other various packaged foods.
Free Cash Flow
The amount of cash generated by a company after accounting for capital expenditures, essential for expansion and maintenance of operations.
Net Income
The total earnings of a company after subtracting all expenses, taxes, and costs from total revenue, representing the profit.
Dividends Paid
Cash or other forms of assets distributed by a corporation to its shareholders out of its earnings.
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