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A manufactured product has the following information for June. Standard Actual Direct materials (6 lbs. @ $7 perlb Direct labor 44,400 lbs. @ $7.10 per

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A manufactured product has the following information for June. Standard Actual Direct materials (6 lbs. @ $7 perlb Direct labor 44,400 lbs. @ $7.10 per lb (2 hrs. @ $12 per hr) S181,100 7,300 Units manufactured (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

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