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. @ 59 per lb. 2 hrs. @ 515 per hr. 2 hrs. @ $12 per hr. Actual 45,500 lbs. @ 19.10 per lb. 14,700 hrs. @ $15.40 per hr. $186,800 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 Compute the total cost variance for June. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance) Total cost variance CD