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A manufactured product has the following information for August. Standard Quantity and Cost 2 pounds per unit @ $9.50 per pound 0.5 hour per unit

A manufactured product has the following information for August. Standard Quantity and Cost 2 pounds per unit @ $9.50 per pound 0.5 hour per unit @ $72 per DLH $96 per DLH Direct materials Direct labor Overhead Units manufactured 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 Inputs Required 2 Direct materials Direct labor Overhead Required 3 Prepare the standard cost card showing standard cost per unit. (Round your final answers to 2 decimal places.) Standard price or rate Standard quantity or hours pounds DLH DLH X X Actual Results X 14,800 units $ 1,520,400 Standard cost per unit
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A manufactured product has the following information for August. (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. Prepare the standard cost card showing standard cost per unit. (Round your final answers to 2 decimal places.)

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