Compute total budgeted cost for June production. Prepare the standard cost card showing standard cost per unit. Compute total actual cost for June production. Required information [The following information applies to the questions displayed below.] A manufactured product has the following information for June. Compute the (1) direct labor rate variance and (2) direct labor efficiency variance. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2 decimal places.) AH=ActualHoursSH=StandardHoursAR=ActualRateSR=StandardRate Required 1 Required 2 Required 3 1 Required 4 Compute total cost variance for June. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Totat cost variance