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1.Compute the standard cost per unit. Direct materials Direct Labor Overhead Total 2.Compute the total cost variance for June. A manufactured product has the following

1.Compute the standard cost per unit.

Direct materials

Direct Labor

Overhead

Total 2.Compute the total cost variance for June.

image text in transcribed

A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured Standard 7 lbs. @ $8 per lb. 3 hrs. @ $16 per hr. 3 hrs. @ $12 per hr. Actual 61,300 lbs. @ $8.10 per lb. 25,900 hrs. @ $16.60 per hr. $318,200 8,700

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