A manufactured product has the following information for June. Actual Standard Direct materials Direct labor Overhead Units manufactured 38, 100 lbs. (2, hrs. $15 per hr.) 14,800 hrs. $15.60 per hr. $7.10 per lb (5 lbs. $7 per lb.) (2 hrs. $13 per hr. $200,800 7,500 (1) Compute the standard cost per unit. 35 Direct materials $ 30 Direct labor 26 Overhead 91 Total ces (2) Compute the total cost variance for June. Indicate whether the cost variance is favorable or unfavorable. nfavorable A manufactured product has the following information for June. Standard Actual 38,100 lbs. $7.10 per lb. 14, 800 hrs. $15.60 per hr. Direct materials Direct labor Overhead Units manufactured (5 lbs. $7 per 1b.) (2 hrs. e $15 per hr.) (2 hrs. $13 per hr. $200,800 7,500 Compute the direct materials price variance and the direct materials unfavorable. quantity variance. Indicate whether each variance is favorable or AQ Actual Quantity SQ Standard Quantity AP Actual Price SP Standard Price Standard Cost Actual Cost A manufactured product has the following information for June. Standard Actual 38,100 Ibs. $7.10 per 1b. 14, 800 hr $15.60 per hr Direct materials Direct labor (5 bs. @ $7 per 1b.) (2 hrs. e $15 per hr.) (2 hrs. e $13 per hr $200,800 Overhead Units manufactured 7,500 Compute the direct labor rate variance and the direct labor efficiency variance. Indicate whether each varia unfavorable. nce is favorable or AH Actual Hours SH = Standard Hours AR Actual Rate SR Standard Rate Standard Cost Actual Cost