3 Part Question

Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.) A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured Standard 6 lbs. @ $8 per lb. 2 hrs. $17 per hr. 2 hrs. @ $12 per hr. Actual 47300 lbs. $8.10 per 1b. 15,300 hrs. @ $17.68 per hr $194,800 7,800 Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the standard cost per unit. $ 48 Direct materials Direct labor 34 24 Overhead Total IS 106 (1) Compute the standard cost per unit. (2) Compute the total cost variance for June. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 w Compute the total cost variance for June. (Indicate the effect of each variance by selecting forf variance.) Total cost variance Unfavorable Required 1 Compute the direct materials price variance and the direct materials quantity variance. (Indicate the effect of each var selecting for favorable, unfavorable, and no variance. Round "Cost per unit" answers to 2 decimal places.) AQ - Actual Quantity SQ = Standard Quantity AP= Actual Price SP=Standard Price Actual Cost Standard Cost 0 0 S O Compute the direct labor rate variance and the direct labor efficiency variance. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance. Round "Rate per hour" answers to 2 decimal places.) AH = Actual Hours SH - Standard Hours AR = Actual Rate M SR = Standard Rate Actual Cost Standard Cost