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A manufactured product has the following information for June. Standard Actual Direct materials 6 lbs. @ $9 per lb. 50,300 lbs. @ $9.20 per lb.

A manufactured product has the following information for June. Standard Actual

Direct materials 6 lbs. @ $9 per lb. 50,300 lbs. @ $9.20 per lb.

Direct labor 3 hrs. @ $16 per hr. 24,600 hrs. @ $16.50 per hr.

Overhead 3 hrs. @ $13 per hr. $ 329,500 Units manufactured 8,300

(1) Compute the standard cost per unit.

(2) Compute the total cost variance for June.

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