Required information (The 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. 58 per lb. 3 hrs. $16 per hr. 3 hrs. @ $13 per hr. Actual 53,000 lbs. @ $8.2e per lb. 22,300 hrs. $16.40 per hr. $299, 2ee 7,500 (1) Compute the standard cost per unit. (2) Compute the total cost variance for June Complete this question by entering your answers in the tabs below. Required 1 Required 2 (1) Compute the standard cost per unit. (2) Compute the total cost variance for June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the standard cost per unit. Direct materials Direct labor Overhead Total $ 0 Required Required 2 > (1) Compute the standard cost per unit (2) Compute the total cost variance for June Complete this question by entering your answers in the tabs below. Required 1 Requiredra Compute the total cost variance for June. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance.) Total cost variance