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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
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. xercise 21-8 (Algo) Standard cost per unit, total budgeted and actual costs, and total cost variance LO 12 ) 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. Prepare the standard cost card showing standard cost per unit. Complete this question by entering your answers in the tabs below. Compute total budgeted cost for June production. Complete this question by entering your answers in the tabs below. Compute total actual cost for June production. Complete this question by entering your answers in the tabs below. 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=ActualQuantitySQ=StandardQuantityAP=ActualPriceSP=StandardPrice 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=ActualHoursSH=StandardHoursAR=ActualRateSR=StandardRate
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