A manufactured product has the following information for June. Standard Quantity and Cost 5 pounds $9...
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A manufactured product has the following information for June. Standard Quantity and Cost 5 pounds $9 per pound 2 DLH 2 DLH Direct materials Direct labor Overhead Units manufactured Required 1 (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 3 Required 4 Prepare the standard cost card showing standard cost per unit. Direct materials Direct labor Overhead Total Required 2 $15 per DLH $11 per DLH $ 0 Actual Results 44,500 pounds @ $9.10 per pound 17,300 hours @ $15.40 per hour $ 198,900 8,800 units ! Required information [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 5 pounds $9 per pound. 2 DLH $15 per DLH 2 DLH @ $11 per DLH (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 Compute total budgeted cost for June production. Total budgeted (standard) cost Actual Results 44,500 pounds @ $9.10 per pound. 17,300 hours $15.40 per hour. $ 198,900 8,800 units < Required 1 Required 3 > ! Required information [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 (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. Standard Quantity and Cost 5 pounds $9 per pound 2 DLH @ $15 per DLH 2 DLH @ $11 per DLH Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute total actual cost for June production. Actual cost Required 4 Actual Results: 44,500 pounds @ $9.10 per poundi 17,300 hours $15.40 per hour. $ 198,900 8,800 units < Required 2 Required 4 > Check my work ! Required information [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 5 pounds @ $9 per pound 2 DLH $15 per DLH 2 DLH @ $11 per DLH (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. Actual Results 44,500 pounds @ $9.10 per pound 17,300 hours $15.40 per hour. $ 198,900 8,800 units Complete this question by entering your answers in the tabs below. < Required 3 Required 1 Required 2 Required 3 Required 4 Compute total cost variance for June. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Total cost variance Check my work Required 4 A manufactured product has the following information for June. Standard Quantity and Cost 5 pounds $9 per pound 2 DLH 2 DLH Direct materials Direct labor Overhead Units manufactured Required 1 (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 3 Required 4 Prepare the standard cost card showing standard cost per unit. Direct materials Direct labor Overhead Total Required 2 $15 per DLH $11 per DLH $ 0 Actual Results 44,500 pounds @ $9.10 per pound 17,300 hours @ $15.40 per hour $ 198,900 8,800 units ! Required information [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 5 pounds $9 per pound. 2 DLH $15 per DLH 2 DLH @ $11 per DLH (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 Compute total budgeted cost for June production. Total budgeted (standard) cost Actual Results 44,500 pounds @ $9.10 per pound. 17,300 hours $15.40 per hour. $ 198,900 8,800 units < Required 1 Required 3 > ! Required information [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 (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. Standard Quantity and Cost 5 pounds $9 per pound 2 DLH @ $15 per DLH 2 DLH @ $11 per DLH Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute total actual cost for June production. Actual cost Required 4 Actual Results: 44,500 pounds @ $9.10 per poundi 17,300 hours $15.40 per hour. $ 198,900 8,800 units < Required 2 Required 4 > Check my work ! Required information [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 5 pounds @ $9 per pound 2 DLH $15 per DLH 2 DLH @ $11 per DLH (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. Actual Results 44,500 pounds @ $9.10 per pound 17,300 hours $15.40 per hour. $ 198,900 8,800 units Complete this question by entering your answers in the tabs below. < Required 3 Required 1 Required 2 Required 3 Required 4 Compute total cost variance for June. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Total cost variance Check my work Required 4
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SOLUTION Prepare the standard cost card showing standard cost per unit Direct materials 5 pounds x 9 per pound 45 per unit Direct labor 2 DLH x 15 per DLH 30 per unit Overhead 2 DLH x 11 per DLH 22 pe... View the full answer
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