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A manufactured product has the following Information for August. Direct labor Overhead Units manufactured Total manufacturing costs Standard Quantity and Cost 2 pounds per
A manufactured product has the following Information for August. Direct labor Overhead Units manufactured Total manufacturing costs Standard Quantity and Cost 2 pounds per unit @ $5.00 per pound 0.5 hour per unit @ $36 per DLH $42 per DLH (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. Actual Results 13,000 units $ 628,400
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