Question: please answer these 2 peoblems for me developed standard costs for direct material and direct labor, in 2015. G the 30 gallon heavy-duty plastic container

developed standard costs for direct material and direct labor, in 2015. G the 30 gallon heavy-duty plastic container estimated the following standard costs for one of their major products Direct materials Direct labor Budgeteduantity 030 pounds 0.20 hours Budgeted price $20 per pound $12 per hour During Jully, Gil produced and sold 3.000 containers using 1,000 pounds of dised materials an average cost per pound of $19 and 625 direct manufacturing labor hours an average wage of $11.75 per hour The direct material price variance during July is O $1,000 favorable O $1,100 unfavorable $2.000 unfavorable O $1,000 unfavorable Gement Industries, Inc. (Gll), developed standard costs for direct material and direct labor. In 2015, Gil estimated the following standard costs for one of their major products, the 30-gallon heavy-duty plastic container Budgeted quantity Budgeted price Direct materials 0.30 pounds $20 per pound Direct labor 0.20 hours $12 per hour During July, Gil produced and sold 3,000 containers using 1,000 pounds of direct materials at an average cost per pound of $19 and 625 direct manufacturing labor hours at an average wage of $11.75 per hour. There were no beginning or ending Inventories The direct material usage (quantity) variance during July is O $1,000 unfavorable O $1,000 favorable O $1,100 favorable O $2,000 unfavorable
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