Question: Check my workCheck My Work button is now enabled Item 7 Item 7 Part 1 of 3 10 points Required information [The following information applies

Check my workCheck My Work button is now enabled

Item 7

Item 7 Part 1 of 3 10 points

Required information

[The following information applies to the questions displayed below.] A manufactured product has the following information for June.

Standard Actual
Direct materials 7 lbs. @ $8 per lb. 60,100 lbs. @ $8.20 per lb.
Direct labor 2 hrs. @ $15 per hr. 16,800 hrs. @ $15.50 per hr.
Overhead 2 hrs. @ $12 per hr. $ 209,800
Units manufactured 8,500

(1) Compute the standard cost per unit. (2) Compute the total cost variance for June.

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