Question: Compute the total cost variance for June. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance.) [The following information applies

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

each variance by selecting for favorable, unfavorable, and no variance.) [The following

[The following information applies to the questions displayed below.] A manufactured product has the following information for June. Standard Actual Direct materials Direct labor Overhead 6 lbs. @ $9 per lb. 3 hrs. @ $16 per hr. 3 hrs. @ $11 per hr. 47,300 lbs. @ $9.10 per lb. 23,000 hrs. @ $16.40 per hr. $263,200 7,800 Units manufactured 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. Complete this question by entering your answers in the Required 1 Required 2 Compute the standard cost per unit. Direct materials Direct labor Overhead Total 0 $ Required 1 Required 2 Compute the total cost variance for June. (Indicate the ef variance by selecting for favorable, unfavorable, and no v Total cost variance Unfavorable

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