Question
Direct materials Direct labor Overhead Units manufactured Standard Quantity and Cost 5 pounds @ $8 per pound 3 DLH @ $15 per DLH 3
Direct materials Direct labor Overhead Units manufactured Standard Quantity and Cost 5 pounds @ $8 per pound 3 DLH @ $15 per DLH 3 DLH @ $12 per DLH Actual Results 35,500 pounds @ $8.20 per pound 20,700 hours @ $15.40 per hour $ 258,800 7,000 units Exercise 23-8 (Algo) Standard cost per unit, total budgeted and actual costs, and total cost variance LO P2 (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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