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Genent Industries, Inc. (GlI), developed standard costs for direct material and direct labor. In 2017, Gll...
Genent Industries, Inc. (GII), developed standard costs for direct material and direct labor. In 2017, GIl...
Genent Industries, Inc. (GII), developed standard costs for direct material and direct labor. In 2017, GIl estimated the following standard costs for one of their major products, the 30-gallon heavy-duty plastic container. Direct materials Direct labor Budgeted quantity. 0.4 pounds 0.5 hours Budgeted price $50 per pound $20 per hour During July, GIl produced and sold 4,000 containers using 1,850 pounds of direct materials at an average cost per pound of $48 and 2,090 direct manufacturing labor hours at an...
Genent Industries, Inc. (GII), developed standard costs for direct material and direct labor. In 2017, GII...
Genent Industries, Inc. (GII), developed standard costs for direct material and direct labor. In 2017, GII estimated the following standard costs for one of their major products, the 30−gallon heavy−duty plastic container. Budgeted quantity Budgeted Price Direct materials 0.5 pounds $20 per pound Direct labor 0.8 hours $11 per hour During July, GII produced and sold 3,000 containers using 1,700 pounds of direct materials at an average cost per pound of $18 and 2,450 direct manufacturing labor hours at an...
Genent Industries, Inc. (GII), developed standard costs for direct material and direct labor. In 2015, GII...
Genent Industries, Inc. (GII), developed standard costs for direct material and direct labor. In 2015, GII estimated the following standard costs for one of their major products, the 30-gallon heavy-duty plastic container. Budgeted quantity budgeted price Direct materials 0.50 pounds $50 per pound Direct labor 0.10 hours $18 per hour During July, GII produced and sold 3000 containers using 1650 pounds of direct materials at an average cost per pound of $46 and 380 direct manufacturing labor hours at an...
Genent Industries, Inc. (GII), developed standard costs for direct material and direct labor. In 2015, GII...
Genent Industries, Inc. (GII), developed standard costs for direct material and direct labor. In 2015, GII estimated the following standard costs for one of their major products, the 30-gallon heavy-duty plastic container. Budgeted quantity Budgeted price Direct materials 0.70 pounds $50 per pound Direct labor 0.50 hours $13 per hour During July, GII produced and sold 3000 containers using 2350 pounds of direct materials at an average cost per pound of $49 and 1575 direct manufacturing labor hours at an...
Genent Industries, Inc. (GII), developed standard costs for direct material and direct labor. In 2015, GII...
Genent Industries, Inc. (GII), developed standard costs for direct material and direct labor. In 2015, GII estimated the following standard costs for one of their major products, the 30-gallon heavy-duty plastic container. Budgeted quantity Budgeted price Direct materials 0.20 pounds $10 per pound Direct labor 0.60 hours $14 per hour During July, GII produced and sold 3000 containers using 900 pounds of direct materials at an average cost per pound of $7 and 1890 direct manufacturing labor hours at an...
Genent Industries, Inc. (GII), developed standard costs for direct material and direct labor. In 2015, GII...
Genent Industries, Inc. (GII), developed standard costs for direct material and direct labor. In 2015, GII estimated the following standard costs for one of their major products, the 30-gallon heavy-duty plastic container. Budgeted quantity Budgeted price Direct materials 0.10 pounds $10 per pound Direct labor 0.80 hours $10 per hour During July, GII produced and sold 3000 containers using 450 pounds of direct materials at an average cost per pound of $6 and 2450 direct manufacturing labor hours at an...
Genent Industries, Inc. (GII), developed standard costs for direct material and direct labor. In 2015, GII...
Genent Industries, Inc. (GII), developed standard costs for direct material and direct labor. In 2015, GII estimated the following standard costs for one of their major products, the 30-gallon heavy-duty plastic container. Budgeted quantity Budgeted price Direct materials 0.40 pound $50 per pound Direct labor 0.60 hours $14 per hour During July, GII produced and sold 3000 containers using 1500 pounds of direct materials at an average cost per pound of $48 and 1890 direct manufacturing labor hours at an...
Heavy Products, Inc. developed standard costs for direct material and direct labor. In 2017. All estimated...
Heavy Products, Inc. developed standard costs for direct material and direct labor. In 2017. All estimated the following standard costs for one of their major products, the 10-gallon plastic container Budgeted quantity Budgeted price Direct materials 0.5 pounds $80 per pound Direct labor 0.2 hours $30 per hour During June, Heavy Products produced and sold 24,000 containers using 1.700 pounds of direct materials at an average cost per pound of $85 and 4,800 direct manufacturing labor-hours at an average wage...
Heavy Products, Inc. developed standard costs for direct material and direct labor. In 2017, aII estimated...
Heavy Products, Inc. developed standard costs for direct material and direct labor. In 2017, aII estimated the following standard costs for one of their major products, the 10−gallon plastic container. Budgeted Quantity Budgeted Price Direct materials 0.3 pounds $80 per pound Direct labor 0.2 hours $10 per hour During June, Heavy Products produced and sold 15,000 containers using 2,400 pounds of direct materials at an average cost per pound of $82 and 3,000 direct manufacturing labor−hours at an average wage...
Heavy Products, Inc. developed standard costs for direct material and direct labor. In 2017, AII estimated...
Heavy Products, Inc. developed standard costs for direct material and direct labor. In 2017, AII estimated the following standard costs for one of their major products, the 10-gallon plastic container. Budgeted quantity Budgeted price Direct materials 0.30 pounds $90 per pound Direct labor 0.25 hours $30 per hour During June, Heavy Products produced and sold 15,000 containers using 2,400 pounds of direct materials at an average cost per pound of $92 and 3,750 direct manufacturing labor-hours at an average wage...
Genent Industries, Inc. (GII), developed standard costs for direct material and direct labor. In 2017, GIl estimated the following standard costs for one of their major products, the 30-gallon heavy-duty plastic container. Direct materials Direct labor Budgeted quantity. 0.4 pounds 0.5 hours Budgeted price $50 per pound $20 per hour During July, GIl produced and sold 4,000 containers using 1,850 pounds of direct materials at an average cost per pound of $48 and 2,090 direct manufacturing labor hours at an...
Heavy Products, Inc. developed standard costs for direct material and direct labor. In 2017. All estimated the following standard costs for one of their major products, the 10-gallon plastic container Budgeted quantity Budgeted price Direct materials 0.5 pounds $80 per pound Direct labor 0.2 hours $30 per hour During June, Heavy Products produced and sold 24,000 containers using 1.700 pounds of direct materials at an average cost per pound of $85 and 4,800 direct manufacturing labor-hours at an average wage...
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