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1 Lewis Company reports the following fixed budget and actual results for May. Prepare a flexible budget performance report showing variances between budgeted and actual results. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Tixed Budget Actual tenults Sales nits produced and word) 1,360 1,560 Sales in dollars) 5 1.100 per unit $ 1.753,000 Variable costa $440 per unit $ 694,000 Ted costs 5 149.000 $ 13,000 point wool Referencer LEWIS COMPANY Flexible Budget Performance Report Flexible Budget Actual Results (1.500 units) (1,560 units) Variances For Month Ended Maya Favorable/Unfavorable 2 Part 1 of 3 Required information (The following information applies to the questions displayed below.) A manufactured product has the following information for June. standard Quantity and cout Actual Renutta Direct materia 6 pounds 97 per pound 49,200 pounds $7.20 per pound Direct labor DL $17 per 24,400 hours $17.50 per hour Overbead DLH 513 per L 5.325,000 Units manufactured 3,200 units B points Book Hint (1) Prepare the standard cost card showing standard cost per unit (2) Compute total budgeted cost for June production (3) Compute total actual cost for June production (4) Compute total cost variance for June References Complete this question by entering your answers in the tabs below. Required: Required 2 Required 3 Required 4 Prepare the standard cost card showing standard cost per unit. Direct materials Direct labor Overhead Total Red Required 2 > 2 Part 1673 Required information (The following information applies to the questions displayed below.) A manufactured product has the following information for June Standard Quantity and cost Actul Results Direct materials 6 pounde 67 per pound 49,700 poundu 37.20 per pound Direct labor 3D $17 per DLR 24,400 hours $17.50 per hour Overhead DI 513 per DL $325,000 Units manufactured 8,200 units 8 points eBook (1) Prepare the standard cost card showing standard cost per unit. (2) Compute total budgeted cost for June production (3) Compute total actual cost for June production (4) Compute total cost variance for June References Complete this question by entering your answers in the tabs below. Required: Required 2 Required) Required 4 Compute total budgeted cost for June production Total budgeted (standard) cost Required 1 Required 3 > 2. 0 Part 1 of 3 Required information The following information applies to the questions displayed below) A manufactured product has the following information for June. Standard Quantity and cont Actual Results Direct materials 6 pounds $7 per pound 49,700 pounds. 57.20 per pound Direct labor 3 DLH $17 per DER 24,400 hours $17.50 per hour Overhead 3 DLH $13 per DLH $ 325,000 Unita manufactured 8,200 units 8 points eBook Hint (1) Prepare the standard cost card showing standard cost per unit, (2) Compute total budgeted cost for June production (3) Compute total actual cost for June production, (4) Compute total cost variance for June. References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute total actual cost for June production. Actual cost 2 Required information Part 1 of 3 8 points The following information applies to the questions displayed below) A manufactured product has the following information for June. Standard Quantity and cost actual Results Direct materials 6 pounds 57 per pound 49, 700 pounds $7.20 per pound Direct labor 3 DLR $17 per DLH 24,400 hours $17.50 per hour Overhead 3 LH ! $10 per DLR $325,000 Units nanufactured 8,200 units Book Hint (1) Prepare the standard cost card showing standard cost per unit (2) Compute total budgeted cost for June production (3) Compute total actual cost for June production (4) Compute total cost variance for June. References Complete this question by entering your answers in the tabs below. Required 3 Required 1 Required 2 Required 4 Compute total cost variance for June (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Total cost varande