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A manufactured product has the following Information for August table [ [ , Standard Quantity and Cost,Actual Results ] , [ Direct materials, 2

A manufactured product has the following Information for August
\table[[,Standard Quantity and Cost,Actual Results],[Direct materials,2 pounds per unit @$2.50 per pound,],[Direct labor,9.5 hour per unit $16 per DLH,],[\table[[Overhead],[Units manufactured]],$12 per DLH,],[\table[[Units manufactured],[Total manufacturing costs]],,]]
(1) Prepare the standard cost card showing standard cost per unit
(2) Compute total budgeted cost for production In August
(3) Compute the total cost varlance for August.
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Required 3
Prepare the standard cost card showing standard cost per unit. (Round your final answers to 2 decimal places:)
\table[[Inputs,Standard quantity or hours,\table[[Standard prioe or],[rate]],\table[[Standard],[cost per unit]],],[Direct matenals,,pounds,,],[Direct labor,,DLH,,],[Overhead,,DLH,,],[,,,,]]
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