A manufactured product has the following information for
June.
Standard | Actual | |||
Direct materials | 5 lbs. @ $8 per lb. | 38,000 | lbs. @ $8.10 per lb. | |
Direct labor | 3 hrs. @ $16 per hr. | 22,200 | hrs. @ $16.40 per hr. | |
Overhead | 3 hrs. @ $11 per hr. | $ | 252,700 | |
Units manufactured | 7,500 | |||
(1) Compute the standard cost per unit.
(2) Compute the total cost variance for June.
Direct materials :
Direct labor:
Overhead:
Total :
Total cost variance:
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