A manufactured product has the following information for June. Standard Quantity and Cost Actual Results Direct materials 5 pounds @ $9 per pound 38,100 pounds @ $9.20 per pound Direct labor 3 DLH @ $16 per DLH 22,300 hours @ $16.50 per hour Overhead 3 DLH @ $12 per DLH $ 276,100 Units manufactured 7,500 units (1) Prepare the standard cost card showing standard cost per unit. (2) Compute total budgeted cost for June production. (3) Compute total actual cost for June production. (4) Compute total cost variance for June.

Required 1

Prepare the standard cost card showing standard cost per unit.

Direct materials	$23
Direct labor	43
Overhead
Total	$66

Compute total budgeted cost for June production.

Total budgeted (standard) cost

Compute total actual cost for June production.

Actual cost

Compute total cost variance for June. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.)

Total cost variance