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A manufactured product has the following information for June. Standard Actual Direct materials (6 lbs. @ $7 per lb.) 46,700 lbs. @ $7.10 per lb.
A manufactured product has the following information for June.
| Standard | Actual | |||
| Direct materials | (6 lbs. @ $7 per lb.) | 46,700 | lbs. @ $7.10 per lb. | |
| Direct labor | (2 hrs. @ $16 per hr.) | 15,100 | hrs. @ $16.60 per hr. | |
| Overhead | (2 hrs. @ $13 per hr.) | $ | 207,100 | |
| Units manufactured | 7,700 | |||
Compute the total cost variance for June. Indicate whether the cost variance is favorable or unfavorable.
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Food Hygiene Auditing
Authors: N. Chesworth
1997th Edition
1461380545, 978-1461380542
