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Requirea information [The following information applies to the questions displayed below.) A manufactured product has the following information for June. Direct materials Direct labor Overhead
Requirea information [The following information applies to the questions displayed below.) A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured Standard Quantity and Cost 6 pounds @ $8 per pound 2 DLH @ $16 per DLH 2 DLH @ $12 per DLH Actual Results 51,500 pounds @ $8.10 per pound 16,800 hours @ $16.50 per hour $ 209,400 8,500 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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