Question: i need some help with requirement 2. Required information The following information applies to the questions displayed below.] A manufactured product has the following information
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 7 lbs. @ $8 per lb. 2 hrs. @ $16 per hr. 2 hrs. @ $12 per hr. Actual 50,800 lbs. @ $8.10 per lb. 14,200 hrs. @ $16.60 per hr. $179,500 7,200 (1) Compute the standard cost per unit. (2) Compute the total cost variance for June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the standard cost per unit. Direct materials Direct labor Overhead Total Required Required 2 >
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
