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! Required information (The following information applies to the questions displayed below.) A manufactured product has the following information for June. Direct materials Direct labor
! Required 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 48,500 pounds @ $8.10 per pound 15,700 hours @ $16.50 per hour $ 198,000 8,000 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Prepare the standard cost card showing standard cost per unit. Direct materials Direct labor Overhead Total $ 0 Required 1 Required 2 Required 3 Required 4 Compute total budgeted cost for June production. Total budgeted (standard) cost Required 1 Required 2. Required 3 Required 4 Compute total actual cost for June production. Actual cost Required 1 Required 2 Required 3 Required 4 Required 4 Compute total cost variance for June. (Indicate the e variance by selecting favorable, unfavorable, or no variance.) Total cost variance Compute the (1) direct labor rate variance and (2) direct labor efficiency variance. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2 decimal places.) AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate Actual Cost Standard Cost $ 0 $ 0 $ oo
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