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A manufactured product has the following information for June. Standard Quantity and Cost Actual Results Direct materials 6 pounds @ $9 per pound 49,200 pounds
A manufactured product has the following information for June.
Standard Quantity and Cost | Actual Results | ||
---|---|---|---|
Direct materials | 6 pounds @ $9 per pound | 49,200 | pounds @ $9.20 per pound |
Direct labor | 3 DLH @ $17 per DLH | 24,100 | hours @ $17.50 per hour |
Overhead | 3 DLH @ $12 per DLH | $ 297,800 | |
Units manufactured | 8,100 | units |
Exercise 21-8 (Algo) Standard cost per unit, total budgeted and actual costs, and total cost variance LO P2
(2) Compute total budgeted cost for June production. (3) Compute total actual cost for June production. (4) Compute total cost variance for June.
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