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Required information The following information applies to the questions displayed below! A manufactured product has the following information for June. Direet materials Direct labor Overhead Units manufactured Standard 5 lbs. 99 per lb. 2 hrs. 516 per hr. 2 hrs. 512 per hr. Actual 38,500 lbs. $9.10 per lb. 16,900 hrs. $16.60 per hr. 3187,600 7,600 "ed (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 total cost variance for June. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance.) Total cost variano $ 18,120 Unfavorable