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A manufactured product has the following information for June.

	Standard	Actual
Direct materials	5 lbs. @ $8 per lb.		40,000	lbs. @ $8.20 per lb.
Direct labor	2 hrs. @ $16 per hr.		15,400	hrs. @ $16.50 per hr.
Overhead	2 hrs. @ $12 per hr.	$	195,800
Units manufactured			7,900

(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.

Compute the standard cost per unit.

Direct materials
Direct labor
Overhead
Total	$0

Complete this question by entering your answers in the tabs below.

Compute the total cost variance for June. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance.)

Total cost variance