Question

Standard 2 lbs. per unit $7.00 per lb. 0.5 hours per unit $52 per hour $66 per direct labor hour Direct materials Actual Direct labor Overhead Units manufactured Total manufacturing costs 13,800 1,005,400 (1) Compute the standard cost per unit (2) Compute the total budgeted cost for production in August (3) Compute the total cost variance for August. (Indicate the effect of each variance by selecting for favorable, unfavorable, and n variance) Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the standard cost per unit Direct materials 14 Direct labor 26 @ Overhead 33e Total s 73 <Prev 4 of 10 Next QSearch or enter address & 2 3 4 5 6 7 Y P S D F G K Z х с В N M I st

required 2 and 3 are right from the last time i asked this question just need 2 and 3

Answer 1

Standard Quantity / Hour Direct Material Direct Labor Overhead Rate Per Unit Cost 14 52 26 66 33 0.5 0.5 14 Standard Cost Per unit Direct Material Direct Labor 26 Overhead 33 Total 73 2&3 Standard Cost For 13800 Units =73*13800 Total Budgeted Cost Less: Actula Cost Total cost Variance (1007400-1005400)) 1007400 1007400 1005400 2000 Favorable