Question
A manufactured product has the following information for June. Standard Actual Direct materials 6 lbs. @ $8 per lb. 52,800 lbs. @ $8.20 per lb.
A manufactured product has the following information for June.
| Standard | Actual | |||
| Direct materials | 6 lbs. @ $8 per lb. | 52,800 | lbs. @ $8.20 per lb. | |
| Direct labor | 2 hrs. @ $15 per hr. | 17,000 | hrs. @ $15.60 per hr. | |
| Overhead | 2 hrs. @ $13 per hr. | $ | 232,500 | |
| Units manufactured | 8,700 | |||
Exercise 21-8 Standard unit cost; total cost variance LO P2
(A) Compute the standard cost per unit. (B) Compute the total cost variance for June.
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Auditory Interfaces
Authors: Stefania Serafin, Bill Buxton, Bill Gaver, Sara Bly
1st Edition
1032196459, 978-1032196459
