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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. @ $9 per lb. 2 hrs. @ $17 per hr. 2 hrs. @ $12 per hr. Actual 53,900 lbs. @ $9.10 per lb. 17,500 hrs. @ $17.50 per hr. $220,200 8,900 (1) Compute the standard cost per unit. (2) Compute the total cost variance for June
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