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Required information Skip to question [The following information applies to the questions displayed below.] A manufactured product has the following information for June. Standard Quantity

Required information Skip to question [The following information applies to the questions displayed below.] A manufactured product has the following information for June. Standard Quantity and Cost Actual Results Direct materials 6 pounds @ $9 per pound 53,800 pounds @ $9.10 per pound Direct labor 2 DLH @ $17 per DLH 17,500 hours @ $17.50 per hour Overhead 2 DLH @ $11 per DLH $ 201,300 Units manufactured 8,900 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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Required 1

Prepare the standard cost card showing standard cost per unit.

Direct materials
Direct labor
Overhead
Total

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Required 2

Compute total budgeted cost for June production.

Total budgeted (standard) cost

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Required 3

Compute total actual cost for June production.

Actual cost

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Required 4

Compute total cost variance for June. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.)

Total cost variance

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