Required information [The following information applies to the questions displayed below.] A manufactured product has the following information for June. Standard Actual Direct materials 7 lbs. @ $8 per lb. 54,300 lbs. @ $8.10 per lb. Direct labor 2 hrs. $16 per hr. 15,100 hrs. @ $16.40 per hr. Overhead 2 hrs. @ $12 per hr. $190,300 Units manufactured 7,700 0 (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. es Required 1 Required 2 Compute the standard cost per unit. Direct materials Direct labor Overhead Total Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the total cost variance for June. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance.) Total cost vanance