Check my work o Required information The following information applies to the questions displayed below) A manufactured product has the following information for June Direct materials Direct labor Overhead Units manufactured Standard 5 lbs. @ 58 per lb. 2 hrs. @ $16 per hr. 2 hrs. 512 per hr Actual 43,900 lbs. 58.10 per lb. 17,000 hrs. $16.60 per hr. 5214,900 8,700 (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 variance ed 1 Favorable No variance Unfavorable