One of Red Lemon Company's product has the following information for March. Direct materials Direct labor Overhead Standard 2 lbs. per unit @ $9.00 per lb. 0.5 hours per unit @ $68 per hour $90 per direct labor hour Units manufactured Total manufacturing costs Direct materials Direct labor Overhead Total (1) Compute the standard cost per unit. (2) Compute the total budgeted cost for production in March. (3) Compute the total cost variance for March. (Indicate the effect of each varlance by selecting for favorable, unfavorable, and no variance) question by entering your answers in the tabs below. Required 1 Required 1 Required 2 Required 3 Compute the standard cost per unit. Actual 14,600 $1,411,400 Required 2 >
One of Red Lemon Company's product has the following information for March. Direct materials Direct labor Overhead Standard 2 lbs. per unit @ $9.00 per lb. 0.5 hours per unit @ $68 per hour $90 per direct labor hour Units manufactured Total manufacturing costs Direct materials Direct labor Overhead Total (1) Compute the standard cost per unit. (2) Compute the total budgeted cost for production in March. (3) Compute the total cost variance for March. (Indicate the effect of each varlance by selecting for favorable, unfavorable, and no variance) question by entering your answers in the tabs below. Required 1 Required 1 Required 2 Required 3 Compute the standard cost per unit. Actual 14,600 $1,411,400 Required 2 >
Chapter8: Standard Costs And Variances
Section: Chapter Questions
Problem 8EB: Case made 24,500 units during June, using 32,000 direct labor hours. They expected to use 31,450...
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