3 Required information Use the following information for the Exercises below. The following information applies to the questions displayed below. A manufactured product has the following information for June. 2.5 points eBook Actual 47,900bs. $9.20 23,400 hrs. e $17.40 Standard (6 e 9 per 47,900 per lb. 1bs. Direct materials lb.) Direct labor per hr.) (3 hrs. $17 Hint per hr. (3 hrs.e 12 $290,200 per hr.) Overhead Units manufactured Print 7,900 References Exercise 8-8 Standard unit cost; total cost variance LO C2 (1) Compute the standard cost per unit Direct materials Direct labor Overhead Total (2) Compute the total cost variance for June. Indicate whether the cost variance is favorable or unfavorable