A manufactured product has the following information for June. Standard...

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Accounting

A manufactured product has the following information for June.
Standard Quantity and Cost Actual Results
Direct materials 7 pounds @ $8 per pound 62,800 pounds @ $8.20 per pound
Direct labor 3 DLH @ $15 per DLH 26,300 hours @ $15.40 per hour
Overhead 3 DLH @ $11 per DLH $ 299,500
Units manufactured 8,900 units
Exercise 21-8(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.Use the following information for the Exercises below. (Algo)
[The following information applies to the questions displayed below.]
A manufactured product has the following information for June.
Exercise 21-8(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.
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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