12.5 5 points eBook References A manufactured product has the following information for August. Direct materials Direct labor Overhead Units manufactured Total manufacturing costs Standard Quantity and Cost 2 pounds per unit @ $12.50 per pound 0.5 hour per unit @ $96 per DLH $132 per DLH (1) Prepare the standard cost card showing standard cost per unit. (2) Compute total budgeted cost for production in August. (3) Compute the total cost variance for August. Complete this question by entering your answers in the tabs below. Actual Results 16,000 units $ 2,216,400 Required 1 Required 2 Required 3 Prepare the standard cost card showing standard cost per unit. (Round your final answers to 2 decimal places.) Direct materials Direct labor i Overhead Inputs Standard quantity or hours Standard price or rate Standard cost per unit pounds K DLH DLH Required 1 Required 2 > 50 Actual Results 16,000 units $ 2,216,400 12.5 points eBook References A manufactured product has the following information for August. Direct materials Direct labor Overhead Units manufactured Total manufacturing costs Standard Quantity and Cost 2 pounds per unit @ $12.50 per pound 0.5 hour per unit @ $96 per DLH $132 per DLH (1) Prepare the standard cost card showing standard cost per unit. (2) Compute total budgeted cost for production in August. (3) Compute the total cost variance for August. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute total budgeted cost for production in August. Total budgeted cost < Required 1 Required 3 > 5 12.5 points eBook References A manufactured product has the following information for August. Direct materials Direct labor Overhead Units manufactured Total manufacturing costs Standard Quantity and Cost 2 pounds per unit @ $12.50 per pound 0.5 hour per unit @ $96 per DLH $132 per DLH (1) Prepare the standard cost card showing standard cost per unit. (2) Compute total budgeted cost for production in August. (3) Compute the total cost variance for August. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Actual Results 16,000 units $ 2,216,400 Compute the total cost variance for August. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Total cost variance