A manufactured product has the following information for June.

	Standard	Actual
Direct materials	(6 lbs. @ $8 per lb.)		50,400	lbs. @ $8.20 per lb.
Direct labor	(3 hrs. @ $16 per hr.)		24,700	hrs. @ $16.50 per hr.
Overhead	(3 hrs. @ $11 per hr.)	$	279,800
Units manufactured			8,300

1) Compute the standard cost per unit and the total cost variance for June. Indicate whether the cost variance is favorable or unfavorable.

Direct materials
Direct labor
Overhead
Total	$0

Total cost variance

2)Compute the direct materials price variance and the direct materials quantity variance. Indicate whether each variance is favorable or unfavorable.

Actual Cost								Standard Cost
			$0	0			$0
				$0
				0

3)

Compute the direct labor rate variance and the direct labor efficiency variance. Indicate whether each variance is favorable or unfavorable.

Actual Cost			0				0	Standard Cost
			$0	0			$0
				$0
				0