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A manufactured product has the following information for August. Actual Results Direct materials Direct labor Overhead Units manufactured Total manufacturing costs Standard Quantity and cost
A manufactured product has the following information for August. Actual Results Direct materials Direct labor Overhead Units manufactured Total manufacturing costs Standard Quantity and cost 2 pounds per unit @ $10.50 per pound 0.5 hour per unit @ $80 per DLH $108 per DLH 15,200 units $ 1,738,400 (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 variance for August. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare the standard cost card showing standard cost per unit. (Round your final answers to 2 decimal places.) Inputs Standard quantity or hours Standard price or rate Standard cost per unit Direct materials pounds X Direct labor DLH X Overhead DLH X A manufactured product has the following information for August. Actual Results Direct materials Direct labor Overhead Units manufactured Total manufacturing costs Standard Quantity and cost 2 pounds per unit @ $10.50 per pound 0.5 hour per unit @ $80 per DLH $108 per DLH 15,200 units $ 1,738,400 (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 variance for August. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute total budgeted cost for production in August. Total budgeted cost
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