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A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured Standard 7 lbs. @ $8 per lb. 3 hrs.

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A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured Standard 7 lbs. @ $8 per lb. 3 hrs. @ $16 per hr. 3 hrs. @ $12 per hr. Actual 51,500 lbs. @ $8.10 per lb. 21,500 hrs. @ $16.50 per hr. $269,300 7,300 Exercise 21-8 Standard unit cost; total cost variance LO P2 (1) Compute the standard cost per unit. (2) Compute the total cost variance for June Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the standard cost per unit. $ Direct materials Direct labor Overhead 56 48 36

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