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Required information [The following information applies to the questions displayed below.] A manufactured product has the following information for June. (1) Prepare the standard cost
Required information [The following information applies to the questions displayed below.] A manufactured product has the following information for June. (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. Compute total actual cost for June production. (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. Compute total cost variance for June. Note: Indicate the effect of the variance by selecting favorable, unfavorable, or no variance. Compute the (1) direct materials price variance and (2) direct materiais quantity variance. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Cost per unit" answers to 2 decimal places. AQ=ActualQuantitySQ=StandardQuantityAP=ActualPriceSP=StandardPrice Compute the (1) direct labor rate variance and (2) direct labor efficlency variance. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" decimal places. AH= Actual Hours SH= Standard Hours AR= Actual Rate SR= Standard Rate
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