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 5 lbs. @ 58 per lb. 3 hrs. @ $16 per he 3 hrs. 513 per hr. Actual 44,909 lbs. @ 58.20 per lb. 26,500 hrs. $16.40 per hr. $353,500 3.900 (1) Compute the standard cost per unit (2) Compute the total cost variance for June. Complete this question by entering your answers in the tobs below. Required: Required 2 Compute the total cost variance for June (Iridicate the effect of each variance by selecting for favorable, unfavorab O a 5 6