A manufactured product has the following Information for June. Direct materials Direct labor Overhead Units manufactured Standard (7 lbs. @$8 per lb.) (3 hrs. @$15 per hr.) (3 hrs. @ $12 per hr.) Actual 57,200 lbs. @ $8.10 per lb. 24,000 hrs. @ $15.60 per hr. $298,200 8,100 (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. Total cost variance