A manufactured product has the following information for August.

	Standard Quantity and Cost	Actual Results
Direct materials	2 pounds per unit @ $2.50 per pound
Direct labor	0.5 hour per unit @ $16 per DLH
Overhead	$12 per DLH
Units manufactured		12,000	units
Total manufacturing costs		$ 225,400

(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.

\begin{tabular}{|l|l|l|l|l|l|} \hline \multicolumn{1}{|c|}{ Inputs } & \multicolumn{2}{|c|}{ Standard quantity or hours } & & \begin{tabular}{c} Standard price or \\ rate \end{tabular} & \begin{tabular}{c} Standard \\ cost per unit \end{tabular} \\ \hline Direct materials & & pounds & & & \\ \hline Direct labor & & DLH & & & \\ \hline Overhead & & & & & \\ \hline & & & & & \\ \hline \end{tabular}