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A manufactured product has the following information for August. Direct materials Direct labor Overhead Units manufactured Total manufacturing costs Standard Quantity and Cost 2

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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 @ $7.50 per pound 0.5 hour per unit @ $56 per DLH $72 per DLH Actual Results (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. 14,000 units $ 1,104,400 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 cost per Direct materials Direct labor Overhead Standard quantity or hours Standard price or rate pounds DLH DLH x unit < Required 1 Required 2 >

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