A manufactured product has the following information for June. Standard Quantity and cost Actual Results Direct materials 7 pounds & $8 per pound 58,000 pounds $8.20 per pound Direct labor 3 DLH $15 per DLH 24,200 hours @ $15.50 per hour Overhead 3 DLH $11 per DLH $ 277,500 Units manufactured 8,200 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 Required 2 Required 3 Required 4 Prepare the standard cost card showing standard cost per unit. Direct materials Direct labor Overhead Total Required 1 Required 2 Required 3 Required 4 Compute total budgeted cost for June production. Total budgeted (standard) cost Required 1 Required 2 Required 3 Required 4 Compute total actual cost for June production. Actual cost Required 1 Required 2 Required 3 Required 4 Compute total cost variance for June. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Total cost Variance A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured Standard Quantity and Cont 7 pounds 58 per pound 3 DL $15 per te 3 LH $11 per te Actual Results 58,000 pounds $8.20 per pound 24,200 hours $15.50 per hour $ 277,500 8.200 unita Compute the (1) direct materials price variance and (2) direct materials quantity variance. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Cost per unit" answers to 2 decimal places.) AQ = Actual Quantity SQ = Standard Quantity AP = Actual Price SP = Standard Price Actual Cost Standard Cast A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured Standard Quantity and Cont 7 pounds. $8 per pound 3 DLH 515 per DER 3 DLH 511 per DLH Actual Results 58,000 pounds $8.20 per pound 24, 200 hours $15.50 per hour $ 277,500 8,200 unit Compute the (1) direct labor rate variance and (2) direct labor efficiency variance, (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2 decimal places.) AH Actual Hours SH - Standard Hours AR - Actual Rate SR Standard Rate Actual Cost Standard Cost