Required information Skip to question [The following information applies to the questions displayed below.] A manufactured product has the following information for June. Standard Actual Direct materials 6 lbs. @ $7 per lb. 47,900 lbs. @ $7.20 per lb. Direct labor 2 hrs. @ $16 per hr. 15,600 hrs. @ $16.40 per hr. Overhead 2 hrs. @ $12 per hr. $ 195,000 Units manufactured 7,900 (1) Compute the standard cost per unit. (2) Compute the total cost variance for June

.

Compute the direct materials price variance and the direct materials quantity variance. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance. Round "Cost per unit" answers to 2 decimal places.) AQ = Actual Quantity SQ = Standard Quantity AP = Actual Price SP = Standard Price Compute the direct labor rate variance and the direct labor efficiency variance. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance. Round "Rate per hour" answers to 2 decimal places.) AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate

Direct materials Direct labor Overhead Total $ 0 Actual Cost Standard Cost 0 $ 0 $ 0 0 Actual Cost Standard Cost