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Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.] A manufactured product has the
Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.] A manufactured product has the following information for June. Direct materials Direct labor Overhead Standard 6 lbs. @ $9 per lb. 3 hrs. @ $15 per hr. 3 hrs. @ $12 per hr. Units manufactured Actual 44,800 lbs. @ $9.10 per lb. 22,000 hrs. @ $15.50 per hr. $272,300 7,400 Exercise 21-8 Standard unit cost; total cost variance LO P2 (1) Compute the standard cost per unit. (2) Compute the total cost variance for June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the standard cost per unit. Direct materials Direct labor Overhead Total < Required 1 Required 2 >
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