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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 5 lbs. @ $7 per lb. 2 hrs. @ $17 per hr. 2 hrs. @ $13 per hr. Actual 42,100 lbs. @ $7.20 per lb. 16,300 hrs. @ $17.50 per hr. $220,900 8,300 (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
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