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Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] A manufactured product has

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Required information Use the following information for the Exercises below. (Algo) [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 Quantity and Cost 6 pounds 59 per pound 3 DLB $15 per DL 3 DLB $12 per DL Actual Results 44,800 pounds $8.20 per pound 21,000 hours $15.40 per hour $272,800 7,400 units Exercise 21-8 (Algo) Standard cost per unit, total budgeted and actual costs, and total cost variance LO P2 (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. Exercise 21-8 (Algo) Standard cost per unit, total budgeted and actual costs, and total cost variance LO P2 (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 3 Required 4 Prepare the standard cost card showing standard cost per unit. Direct materials Direct labor Overhead Total equired 1 Required 2 > Standard Quantity and Cost Direct materials 6 pounds $8 per pound Direct labor 3 DLH $15 per DLH Overhead 3 DLH $12 per DLH Units manufactured Actual Results 44,800 pounds 21, 800 hours $8.20 per pound $15.40 per hour $ 272,800 7,400 units Exercise 21-8 (Algo) Standard cost per unit, total budgeted and actual costs, and total cost variance LO P2 (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 11 Required 2 Required 3 Required 4 Compute total budgeted cost for June production. Total budgeted (standard) cost Exercise 21-9 (Algo) Direct materials variances LO P3 Compute the (1) direct materials price variance and (2) direct materials quantity variance. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Cost per unit" answers to 2 decimal places.) AQ Actual Quantity SQ-Standard Quantity AP Actual Price SP Standard Price Actual Cost Standard Cost nt ences Exercise 21-10 (Algo) Direct labor variances LO P3 Compute the (1) direct labor rate variance and (2) direct labor efficiency variance. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2 decimal places.) AH Actual Hours SH Standard Hours AR Actual Rate SR Standard Rate Actual Cost Standard Cost

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