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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 Standard Quantity and Cost 6 pounds @ $8 per pound 3 DLH @ $16 per DLH Overhead 3 DLH @ $12 per DLH Units manufactured Actual Results 51,500 pounds @ $8.20 per pou 25,300 hours @ $16.50 per hour $ 311,600 8,500 units

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