Compute total cost variance for June. (Indicate the effect of the variance by selecting favorable, unfavorable, 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 information [The following information applies to the questions displayed below.] A manufactured product has the following information for June. Compute total actual cost for June production. Compute the (1) direct materials price variance and (2) direct materials quantity variance. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Cost per unit" answers to 2 decimal places.) AQ=ActualQuantitySQ=StandardQuantityAP=ActualPriceSP=StandardPrice Prepare the standard cost card showing standard cost per unit. Compute total budgeted cost for June production