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The following Information applies to the questions displayed below.) A manufactured product has the following Information for June. Direct materials Direct labor Overhead Units manufactured

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The following Information applies to the questions displayed below.) A manufactured product has the following Information for June. Direct materials Direct labor Overhead Units manufactured Standard 6 lbs. @ $8 per lb. 2 hrs. @$16 per hr. 2 hrs. @ $12 per hr. Actual 48,500 lbs. @ 58.10 per lb. 15,708 hrs. @ $16.50 per hr $198,000 8,000 (1) Compute the standard cost per unit (2) Compute the total cost varlance 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 $ 0 RI Required 2 > A manufactured product has the following information for June Direct materials Direct labor Overhead Units manufactured Standard 6 lbs. 58 per lb. 2 hrs. @ 516 per hr. 2 hrs. $12 per hr. Actual 48,500 lbs. $8.10 per lb. 15,700 hrs. $16.50 per he $199,00 3,000 (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 total cost variance for June (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance.) Total convenance (Required 1 Red Alliance Company budgets production of 22,000 unts in January and 25,000 units in the February. Each finished unit requires 3 pounds of raw material mat costs $3.00 per pound. Each month's ending raw materials inventory should equal 40% of the following month's budgeted materials. The January 1 inventory for this material : 26,400 pounds. What is the budgeted materials needed in pounds for January? Mutiple Choice O 70.800 pounds 66.000 pounds 39,600 pounds 97.200 pounds O 57600 pounds

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