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Lihe following information applies to the questions displayed below.] A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured

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Lihe 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 7 lbs. @ $8 per lb. 3 hrs. $16 per hr. 3 hrs. @ $12 per hr. Actual 51,500 lbs. $8.10 per lb. 21,500 hrs. @ $16.50 per hr. $269,300 7,300 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

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