Required information
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.
Direct materials
Direct labor
Overhead
Units manufactured
Standard Quantity and Cost
6 pounds @ $8 per pound
2 DLH @ $17 per DLH
2 DLH @ $12 per DLH
Actual Results
43,100 pounds @ $8.20 per pound
13,900 hours @ $17.60 per hour
$ 175,700
7,100 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.
Complete this question by entering your answers in the tabs below.
Required 1 Required 2 Required 3 Required 4
Prepare the standard cost card showing standard cost per unit.
Direct materials
Direct labor
Overhead
Total
$
0
< Required 1
Required 2 >
