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Required information [The following information applies to the questions displayed below.] A manufactured product has the following information for June. Standard Quantity and Cost 5 pounds @ $8 per pound 2 DLH @ $15 per DLH 2 DLH @ $13 per DLH Direct materials Direct labor Overhead 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 40,600 pounds @ $8.10 per pound 15,700 hours @ $15.50 per hour $ 214,000 8,000 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 $ 0

Required 1 Required 2 Required 3 Required 4 Compute total budgeted cost for June production. Total budgeted (standard) cost

Required 1 Required 2 Actual cost Required 3 Required 4 Compute total actual cost for June production.

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