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Compute the total cost variance for June. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance.) [The following information applies

Compute the total cost variance for June. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance.) image text in transcribed
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[The following information applies to the questions displayed below.] A manufactured product has the following information for June. Standard Actual Direct materials Direct labor Overhead 6 lbs. @ $9 per lb. 3 hrs. @ $16 per hr. 3 hrs. @ $11 per hr. 47,300 lbs. @ $9.10 per lb. 23,000 hrs. @ $16.40 per hr. $263,200 7,800 Units manufactured Exercise 21-8 Standard unit cost; total cost variance LO P2 (1) Compute the standard cost per unit. (2) Compute the total cost variance for June. Complete this question by entering your answers in the Required 1 Required 2 Compute the standard cost per unit. Direct materials Direct labor Overhead Total 0 $ Required 1 Required 2 Compute the total cost variance for June. (Indicate the ef variance by selecting for favorable, unfavorable, and no v Total cost variance Unfavorable

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