Question
A manufactured product has the following information for June. Standard Quantity and Cost Actual Results Direct materials 5 pounds @ $9 per pound 41,100 pounds
A manufactured product has the following information for June.
| Standard Quantity and Cost | Actual Results | ||
|---|---|---|---|
| Direct materials | 5 pounds @ $9 per pound | 41,100 | pounds @ $9.10 per pound |
| Direct labor | 2 DLH @ $16 per DLH | 15,900 | hours @ $16.40 per hour |
| Overhead | 2 DLH @ $11 per DLH | $ 183,600 | |
| Units manufactured | 8,100 | 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.
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Front Office Operations And Night Audit Workbook
Authors: Patrick J. Moreo, Gail Sammons, Jim Dougan, James Dougan
1st Edition
0133987698, 978-0133987690
