Question: PLEASE ANSWER ALL PARTS. Standard Quantity and cost Direct materials 5 pounds @ $7 per pound Direct labor 3 DLH @ $15 per DLH Overhead
PLEASE ANSWER ALL PARTS. 
Standard Quantity and cost Direct materials 5 pounds @ $7 per pound Direct labor 3 DLH @ $15 per DLH Overhead 3 DLH @ $11 per DLH 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. Actual Results 38,900 pounds @ $7.10 per pound 22,700 hours @ $15.50 per hour $ 260,500 7,700 units Required 1 Required 2 Required 3 Required 4 Prepare the standard cost card showing standard cost per unit. Direct materials Direct labor Overhead Total 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 Required 1 Required 2 Required 3 Required 4 Compute total actual cost for June production. Actual cost 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
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
