Genent Industries, Inc. (GII), developed standard costs for direct material and direct labor. In 2017, GII estimated the foll
owing standard costs for one of their major products, the 30minusgallon heavyminusduty plastic container. Budgeted quantity Budgeted price Direct materials 0.7 pounds $ 30 per pound Direct labor 0.8 hours $ 13 per hour During July, GII produced and sold 3 comma 000 containers using 2 comma 400 pounds of direct materials at an average cost per pound of $ 29 and 2 comma 490 direct manufacturing labor hours at an average wage of $ 13.50 per hour. July's direct material flexibleminusbudget variance is ________.
You will have to just take the whole amount then square root it and use pie to find the whole toll amount then. Subtract your original amount from it and your done !!
