Please provide answer in text (Without image) ### Cost Analysis for August ProductionA manufactured product has the following cost information for August:- **Direct Materials:** - Standard: 2 pounds per unit @ $4.00 per pound- **Direct Labor:** - Standard: 0.5 hour per unit @ $28 per direct labor hour (DLH)- **Overhead:** - Standard: $30 per DLH- **Units Manufactured:** 12,600 units- **Actual Total Manufacturing Costs:** $460,400### Tasks:1. **Prepare the Standard Cost Card:** Show the standard cost per unit.2. **Compute Total Budgeted Cost for Production in August:**3. **Compute Total Cost Variance for August:**### Work Area:Complete the calculation by entering details in the following sections:- **Inputs:** - Direct Materials - Direct Labor - Overhead- **Standard Quantity or Hours:** - Direct materials in pounds - Direct labor in DLH - Overhead in DLH- **Standard Price or Rate:** - Input standard cost calculations- **Standard Cost per Unit:** - Calculate and round to two decimal places.**Tabs:**- **Required 1**- **Required 2** (Active)- **Required 3**Use the above information to prepare the calculations for the cost analysis.

Name: Please provide answer in text (Without image) ### Cost Analysis for Au
Uploaded: 2024-03-20T06:33:06.000Z
Channel: Bartleby
Description: Please provide answer in text (Without image) ### Cost Analysis for August ProductionA manufactured product has the following cost information for August:- **Direct Materials:** - Standard: 2 pounds per unit @ $4.00 per pound- **Direct Labor:** - S