Cost Card for Giant Widget Number 404
		Standard Quantity or Hours	Standard Price or Rate	Per	Standard Cost
	Direct Materials		$ 6.00	Pound	?
	Direct Labor		?	Direct Labor Hour	?
	Variable Manufacturing Overhead		$ 3.00	Direct Labor Hour	?
	Total Standard Cost per Unit				?
	Selected Data for the month of October
	Units produced during October	1,000
		Materials Used	(F)avorable / (U)nfavorable	Direct Labor	(F)avorable / (U)nfavorable	Variable Manufacturing Overhead	(F)avorable / (U)nfavorable
	Total standard cost allowed	$ 16,800.00		$ 21,000.00		$ 4,200.00
	Actual costs incurred	$ 15,000.00		?		$ 3,600.00
	Materials Price Variance	?	?
	Materials Quantity Variance	$ 1,200.00	U
	Materials Spending Variance	?	?
	Labor Rate Variance			?	?
	Labor Efficiency Variance			?	?
	Labor Spending Variance			?	?
	Variable Overhead Rate Variance					?	?
	Variable Overhead Efficiency Variance					?	?
	Variable Overhead Spending Variance					?	?
	Additional Information
	Actual direct labor hours	1,500
	Difference between standard and actual cost per unit produced during October	$ 0.15	Favorable