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A manufactured product has the following Information for August. Direct materials Direct labor Overhead Units manufactured Standard Quantity and Cost 2 pounds per unit @$3.50
A manufactured product has the following Information for August. Direct materials Direct labor Overhead Units manufactured Standard Quantity and Cost 2 pounds per unit @$3.50 per pound 8.5 hour per unit $24 per DLH $24 per DLH 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 variance for August. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Actual Results 12,400 units $ 380,400 Prepare the standard cost card showing standard cost per unit. (Round your final answers to 2 decimal places.) Inputs Direct materials Direct labor Overhead Standard quantity or hours pounds x DLH x DLH x Standard price or rate Standard cost per unit Required 2 > A manufactured product has the following Information for August. Direct materials Direct labor Overhead Units manufactured Total manufacturing costs Standard Quantity and Cost 2 pounds per unit @$3.50 per pound 0.5 hour per unit $24 per DLH $24 per DLH (1) Prepare the standard cost card showing standard cost per unit. (2) Compute total budgeted cost for production In August. Actual Results 12,400 units $ 380,400 es (3) Compute the total cost varlance 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 < Required 1 Required 3 > A manufactured product has the following information for August. Direct materials Direct labor Overhead Units manufactured Standard Quantity and Cost 2 pounds per unit @ $3.50 per pound 8.5 hour per unit @ $24 per DLH $24 per DLH Total manufacturing costs Actual Results 12,400 units $ 380,400 (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 the total cost variance for August. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Total cost variance
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