A manufactured product has the following information for June. Standard Direct materials Direct labor Overhead 6...
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A manufactured product has the following information for June. Standard Direct materials Direct labor Overhead 6 lbs. @ $9 per lb. 2 hrs. @ $15 per hr. 2 hrs. @ $12 per hr. Units manufactured Actual 53,900 lbs. @ $9.10 per lb. 17,500 hrs. @ $15.50 per hr. $218,700 8,900 (1) Compute the standard cost per unit. (2) Compute the total cost variance for June. A manufactured product has the following information for June. Standard Direct materials Direct labor Overhead 6 lbs. @ $9 per lb. 2 hrs. @ $15 per hr. 2 hrs. @ $12 per hr. Units manufactured Actual 53,900 lbs. @ $9.10 per lb. 17,500 hrs. @ $15.50 per hr. $218,700 8,900 (1) Compute the standard cost per unit. (2) Compute the total cost variance for June.
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1 Direct Material 890069 480600 Direct Labor 8900215 267000 Overheads 8... View the full answer
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