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Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.] A manufactured product has the following

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Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.] A manufactured product has the following information for June. Standard Actual Direct materials 5 lbs. @ $9 per lb. 38,900 lbs. @ $9.20 per u Direct labor 2 hrs. @ $16 per hr. 15,200 hrs. @ $16.50 per Overhead 2 hrs. @ $13 per hr. $206, 600 Units manufactured 7, 700 Exercise 21-8 Standard unit cost; total cost variance LO P2 (1) Compute the standard cost per unit. (2) Compute the total cost variance for June

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