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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
A manufactured product has the following information for August. Direct materials Direct labor Overhead Units manufactured Standard Quantity and Cost 2 pounds per unit @ $12.00 per pound 0.5 hour per unit @ $92 per DLH $126 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. Actual Results 15,800 units $ 2,096,400 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 Direct materials Direct labor Overhead Standard quantity or hours pounds DLH DLH x Standard price or Standard rate cost per unit
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