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A manufactured product has the following Information for August Actual Results Direct materials Direct labor Overhead Units manufactured Total manufacturing costs Standard Quantity and cost
A manufactured product has the following Information for August Actual Results Direct materials Direct labor Overhead Units manufactured Total manufacturing costs Standard Quantity and cost 2 pounds per unit @ $6.50 per pound 8.5 hour per unit @ $48 per DLH $60 per DLH 13,608 units $982, 480 (1) Prepare the standard cost card showing standard cost per unit. (2) Compute total budgeted cost for production in August. (3) Compute the total cost varlance for August. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare the standard cost card showing standard cost per unit. (Round your final answers to 2 decimal places.) Inputs Direct materials Direct labor Standard price or Standard rate cost per unit Standard quantity or hours pounds DLH X Overhead DLH Required 2 > A manufactured product has the following Information for August. Actual Results Direct materials Direct labor Overhead Units manufactured Total manufacturing costs Standard Quantity and cost 2 pounds per unit @ $6.50 per pound 0.5 hour per unit @ $48 per DLH $60 per DLH 13,600 units $ 902,400 (1) Prepare the standard cost card showing standard cost per unit. (2) Compute total budgeted cost for production in August. (3) Compute the total cost varlance for August Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute total budgeted cost for production in August. Total budgeted cost Actual Results A manufactured product has the following Information for August Standard Quantity and cost Direct materials 2 pounds per unit @ $6.58 per pound Direct labor 0.5 hour per unit @ $48 per DLH Overhead $60 per DLH Units manufactured Total manufacturing costs (1) Prepare the standard cost card showing standard cost per unit (2) Compute total budgeted cost for production in August (3) Compute the total cost variance for August 19,600 units $902,400 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required a Compute the total cost variance for August. (Indicate the effect of the variance by selecting favorable, unfavorable or no variance) Total cost variance
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