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A manufactured product has the following information for June. Standard Actual Direct materials 5 lbs. @ $8 per lb. 41,000 lbs. @ $8.20 per lb.
A manufactured product has the following information for June.
| Standard | Actual | |||
| Direct materials | 5 lbs. @ $8 per lb. | 41,000 | lbs. @ $8.20 per lb. | |
| Direct labor | 2 hrs. @ $16 per hr. | 15,800 | hrs. @ $16.50 per hr. | |
| Overhead | 2 hrs. @ $13 per hr. | $ | 216,800 | |
| Units manufactured | 8,100 | |||
(1) Compute the standard cost per unit. (2) Compute the total cost variance for June.
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Fundamentals Of Quality Auditing
Authors: B. Scott Parsowith
1st Edition
0873892402, 978-0873892407
