Question: 1.Compute the standard cost per unit. Direct materials Direct Labor Overhead Total 2.Compute the total cost variance for June. A manufactured product has the following

1.Compute the standard cost per unit.

Direct materials

Direct Labor

Overhead

Total 2.Compute the total cost variance for June.

1.Compute the standard cost per unit. Direct materials Direct Labor Overhead Total

A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured Standard 7 lbs. @ $8 per lb. 3 hrs. @ $16 per hr. 3 hrs. @ $12 per hr. Actual 61,300 lbs. @ $8.10 per lb. 25,900 hrs. @ $16.60 per hr. $318,200 8,700

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