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[The following information applies to the questions displayed below.] A manufactured product has the following information for June. Standard Quantity and Cost Actual Results Direct

[The following information applies to the questions displayed below.] A manufactured product has the following information for June.

Standard Quantity and Cost Actual Results
Direct materials 5 pounds @ $7 per pound 44,000 pounds @ $7.20 per pound
Direct labor 3 DLH @ $15 per DLH 25,800 hours @ $15.50 per hour
Overhead 3 DLH @ $11 per DLH $ 293,100
Units manufactured 8,700 units

(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.

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