Question: this is a 4 part question extra step added so 5 part question Requifed information Use the following information for the Exercises below. (Algo) [The

![[The fouloweng information applies to the questions displayed befow]. A manufactured product](https://s3.amazonaws.com/si.experts.images/answers/2024/09/66db99e7f1c52_81566db99e79dcc4.jpg)


Requifed information Use the following information for the Exercises below. (Algo) [The fouloweng information applies to the questions displayed befow]. A manufactured product has the following information for June Exercise 218 (Algo) Standard cost per unit, total budgeted and actual costs, and total cost variance LO Complete this question by entering your answers in the tabs below. Compote totial budgeted cost for lune production. Compute total actual cost for June production. Required 1 Required 2: Required 3: Required 4 : Conpute total cast variance for June. (thdicate the effect of the vanance by selecting favorable, unfavorable, or no varance) R Required 3 Compute the (1) direct materials price variance and (2) direct materials quantityvariance. (indicate the effect of each variance by selecting favorabie, unfavorable, or no variance. Round "Cost per unit" answers to 2 decimal places.) AQ= Actual Guantity SQ - Standard Quantity AP - Actual Price SP= Standard Price Compute the (f) direc? tabor rate variance and (2) direct labor elfikency voriance. (Indicate the effect of each variance by eelecting favorable, unfevorable. or no variance. Reand "Rate per hour" ariswers to 2 decimal places. AH - Actial Hoins L1. at Standard Hotars AR + Actuaf Rate SR - S1andafar Rate
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
