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A manufactured product has the following information for June. Standard Direct materials 5 lbs. $9 per lb. Direct labor 3 hrs. $17 per hr.

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A manufactured product has the following information for June. Standard Direct materials 5 lbs. $9 per lb. Direct labor 3 hrs. $17 per hr. Overhead 3 hrs. $11 per hr. Units manufactured Actual 43,500 lbs. @ $9.10 per lb. 25,500 hrs. $17.50 per hr. $289,900 8,600 (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 Total $ 0

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