Required information The following information applies to the questions displayed below. A manufactured product has the following information for June Standard 5 lbs. 2 S8 per Actual Direct materials 42.100 lbs. @ $8.20 per 42,100 lb s hrs. @ $17.50 per Direct labor 3 hrs. @ $17 per hr. 3 hrs. $13 per hr Overhead Units manufactured 200 $329,000 8,300 (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 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