A manufactured product has the following information for August

A manufactured product has the following inforxiation for August. Staridrd Quantity.and Cost Direct materials Direct labor Overhead Units manufactured Total manufacturing costs 2 pounds per unit @ $260 per pound 0.5 hour per unit @ $16 per DLH $12 per DLH (1) Prepare the standard cost card showing standrd cost per unit. (2) Compute total budgeted cost for production in August. (3) Compute the total cost variance for August. Standard or rate Actual Results 12,000 units $225,400 Standard cost per unit Inputs Direct materials Direct labor Overhead Total Total budgeted Total Cost Variance Standard quantity oi hours pounds DLH DLH x