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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 Standard

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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 Standard Actual (6 lbs. @ $8 per lb.) lbs. @ $8.18 per 48,500 (2 hrs. @ $16 per 15.700 hrs. $16.50 per hr.) (2 hrs. $12 per $198.000 hr.) 8,800 Overhead Units manufactured (1) Compute the standard cost per unit. Direct materials Direct labor Overhead

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