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A manufactured product has the following information for June. Direct materials 6lbs @ $8 per lbs 47,800lbs @ $8.20 per lbs. Direct Labor 2 hours
A manufactured product has the following information for June. Direct materials 6lbs @ $8 per lbs 47,800lbs @ $8.20 per lbs. Direct Labor 2 hours @ $16 per hour 15,400 hours @ $16.60 per hour. Overhead 2 hours @ $ 13 per hour $212,000. Units manufactured 7,900. 1 compute the standard cost per unit. 2 compute the total cost variance for June. 3 Compute the direct materials price variance and the direct materials quantity variance. 4 compute the direct labor effiency varience.
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