A manufactured product has the following information for June.

	Standard	Actual
Direct materials	(5 lbs. @ $8 per lb.)		44,100	lbs. @ $8.20 per lb.
Direct labor	(3 hrs. @ $15 per hr.)		25,800	hrs. @ $15.60 per hr.
Overhead	(3 hrs. @ $11 per hr.)	$	293,000
Units manufactured			8,700

(1) Compute the standard cost per unit.

(2) Compute the total cost variance for June. Indicate whether the cost variance is favorable or unfavorable.