$3.$A manufactured product has the following information for August.

$(1)$ Prepare the standard cost card showing standard cost per unit.

$(2)$ Compute total budgeted cost for production in August.

$(3)$ Compute the total cost variance for August.

Complete this question by entering your answers in the tabs below.

Prepare the standard cost card showing standard cost per unit. $3.$Round your final answers to $2$ decimal places.$)$

Compute total budgeted cost for production in August.

Total budgeted cost

Compute the total cost variance for August. $($Indicate the effect of the variance by selecting favorable, unfavorable, or no

variance.$)$

Total cost variance