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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 5 pounds 2

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed [The following information applies to the questions displayed below.] A manufactured product has the following information for June. Standard Quantity and Cost 5 pounds 2 DLH $9 per pound $16 per DLH Direct materials Direct labor Overhead. Units manufactured 2 DLH $12 per DLH Actual Results. 40,000 pounds $9.20 per pound 15,400 hours $16.40 per hour $ 195,500 7,900 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. 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 (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 Compute total budgeted cost for June production. Total budgeted (standard) cost Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute total actual cost for June production. Actual cost Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute total cost variance for June. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Total cost variance

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