A manufactured product has the following information for June. Standard Quantity and Cost 5 pounds...
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A manufactured product has the following information for June. Standard Quantity and Cost 5 pounds @ $9 per pound 2 DLH @ $15 per DLH 2 DLH @ $13 per DLH Direct materials Direct labor Overhead Units manufactured (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 Direct materials Direct labor Overhead Total Required 3 Prepare the standard cost card showing standard cost per unit. $ Required 4 0 Actual Results 37,900 pounds @ $9.20 per pound 14,700 hours @ $15.40 per hour $ 201, 200 7,500 units
A manufactured product has the following information for June. (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. Prepare the standard cost card showing standard cost per unit
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