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Use the following information for the Exercises below. (Algo) Skip to question [The following information applies to the questions displayed below.] A manufactured product has

Use the following information for the Exercises below. (Algo)

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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 materials 5 pounds @ $9 per pound 44,000 pounds @ $9.10 per pound
Direct labor 3 DLH @ $15 per DLH 25,900 hours @ $15.50 per hour
Overhead 3 DLH @ $12 per DLH $ 319,800
Units manufactured 8,700 units

Exercise 23-8 (Algo) Standard cost per unit, total budgeted and actual costs, and total cost variance LO P2

(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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