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also find cost variance and whether favorae or unfavorable A manufactured product has the following information for August Actual Direct materials Direct labor Overhead Units

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A manufactured product has the following information for August Actual Direct materials Direct labor Overhead Units manufactured Total manufacturing costs Standard 2 lbs. per unit @ $7.00 per lb. 0.5 hours per unit @ $52 per hour $66 per direct labor hour 13,800 $1,005, 400 (0) Compute the standard cost per unit. (2) Compute the total budgeted cost for production in August. (3) Compute the total cost variance for August. (Indicate the effect of each varlance by selecting variance) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the total budgeted cost for production in August. Total budgeted cost

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