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39 Required information [The following information applies to the questions displayed below.) A manufactured product has the following information for June Standard Quantity and cost
39
Required information [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 7 pounds @ $9 per pound 56,400 pounds @ $9.10 per pound Direct labor 2 DLH @ $17 per DLH 15,700 hours @ $17.60 per hour Overhead 2 DLH $12 per DLH $ 197,300 Units manufactured 8,eee units (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 Step by Step Solution
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