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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 Standard Quantity and Cost 6 pounds $8 per pound 3 DLH $17 per DLH Overhead 3 DLH $12 per DLH Units manufactured Actual Results 42,600 pounds @ $8.20 per pound 20,700 hours @$17.60 per hour $ 258,300 7,000 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 31 Required 4 Prepare the standard cost card showing standard cost per unit. Direct materials Direct labor Overhead Total
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