7 a, b, c

A manufactured product has the following information for June Direct materials Direct labor Overhead Units manufactured Standard 6 lbs. $8 per lb. 2 hrs. $16 per hr. 2 hrs. $12 per hr. Actual 42,400 lbs. 58.10 per lb. 13,600 hrs. @ $16.50 per hr. $174,100 7,000 (1) Compute the standard cost per unit (2) Compute the total cost variance for June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the standard cost per unit. Direct materials Direct labor Overhead Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the total cost variance for June. (Indicate the effect of each varlance by selecting for favorable, unfavorable, and to variance.) Total costvaratice Required 1 Direct materials Direct labor Overhead Units manufactured Standard 6 lbs. 58 per lb. 2 hrs. @ 516 per hr. 2 hrs. 512 per he. Actual 42,400 lbs. $8.10 per 1b. 13,600 hrs. P $16.50 per hr. 5174,100 7,000 Compute the direct materials price variance and the direct materials quantity variance (Indicate the effect of each variance by 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 Standard Cost Actual Cost A manufactured product has the following information for June. Direct waterials Direct labor Overhead Units manufactured Standard 6 lbs. 58 per lb. 2 hrs. @ $16 per hr. 2 hrs. $12 per hr. Actual 42,400 lbs. @ $8.10 per Ib. 13,600 hrs. $16.50 per hr. $174,100 7,000 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 Rote SR = Standard Rate Actual Cost Standard Cost