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A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured Standard (5 lbs. @ $8 per lb.) (3 hrs.

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A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured Standard (5 lbs. @ $8 per lb.) (3 hrs. @ $16 per hr.) (3 hrs. @ $11 per hr.) Actual 39,600 lbs. @ $8.20 per lb. 23,100 hrs. @ $16.60 per hr. $263,200 7,800 1) Compute the standard cost per unit. Direct materials $ 324,720 Direct labor 2,383,460 Overhead 263,200 Total $ 2,971,380

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