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The following information applies to the questions displayed below) A manufactured product has the following information for June Direct materials Direct labor Overhead units Standard per 2 hrs . 16 par hr per Actus) 48,300 per lb. 15,700 16.50 per hr. \$198,000 8.000 () Compute the standard cost per unit (2) Compute the total cost variance for June

Required information [The following information applies to the questions displayed below.) A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured Standard 6 lbs. @ $8 per lb. 2 hrs. @ $16 per hr. 2 hrs. $12 per hr. Actual 48,500 lbs. @ $8.10 per lb. 15,700 hrs. $16.50 per hr. $198,000 8,000 (1) Compute the standard cost per unit. (2) Compute the total cost variance for June. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. (1) Compute the standard cost per unit. (2) Compute the total cost variance for June. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the total cost variance for June. (Indicate the effect of each variance by selecting variance.) Total cost variance $ 34,500 Unfavorable