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 6 lbs. @ $9 per lb. 2 hrs. @ $17 per hr. 2 hrs. @ $11 per hr. Actual 46,200 lbs. @ $9.10 per lb. 14,800 hrs. @ $17.60 per hr. $172,700 7,680 (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 total cost variance for June. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance.) Total cost variance