Required information The following information applies to the questions A manufactured product has the following information for June. Standard Actual1 43,700 lbs. @ $8.10 per ??. Direct materials Direct labor Overhead Units manufactured (6 lbs. $8 per lb.) (3 hrs. e $17 per hr21,300 hrs.17.50 per hr. (3 hrs. $13 per hr.) $287,400 7,200 1) Compute the standard cost per unit Direct materials Direct labor Overhead Total (2) Compute the total cost variance for June. Indicate whether the cost variance is favorable or unfavorable. Total cost variance