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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 Overhead
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 6 lbs. @ $8 per lb. 2 hrs. @ $16 per hr. 2 hrs. @ $12 per hr. Actual 49,780 lbs. @ $8.10 per lb. 16,080 hrs. @ $16.50 per hr. $ 202,780 8,280 (1) Compute the standard cost per unit. (2) Compute the total cost variance for June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the standard cost per unit. Direct materials Direct labor Overhead Total S 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 6 lbs. @ $8 per lb. 2 hrs. @ $16 per hr. 2 hrs. @ $12 per hr. Actual 49,780 lbs. @ $8.10 per lb. 16,eee hrs. @ $16.50 per hr. $282,789 8,280 (1) Compute the standard cost per unit. (2) Compute the total cost variance for June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the total cost variance for June. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance.) Total cost variance 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 6 lbs. @ $8 per lb. 2 hrs. @ $16 per hr. 2 hrs. @ $12 per hr. Actual 49,780 lbs. @ $8.10 per lb. 16,080 hrs. @ $16.50 per hr. $ 202,780 8, 2ee Compute the direct materials price variance and the direct materials quantity variance. (Indicate the effect of each varlance by selecting for favorable, unfavorable, and no varlance. Round "Cost per unit" answers to 2 decimal places.) AQ = Actual Quantity SQ = Standard Quantity AP = Actual Price SP = Standard Price Actual Cost Standard Cost S 0 $ s 0 0
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