Help Exercise 21-7 (Algo) Standard cost per unit, total budgeted cost, and total cos A manufactured product has the following information for August Actual Results Direct materials Direct labor Overhead Units manufactured Total manufacturing costs Standard Quantity and Cost 2 pounds per unit @ $5.00 per pound 0.5 hour per unit @ $36 per DLH $42 per DLH 13,000 unit $ 628,400 1) Prepare the standard cost card showing standard cost per unit, 2) Compute total budgeted cost for production in August. 3) Compute the total cost variance for August. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the total cost variance for August. (Indicate the effect of the variance by selecting favorable, ur variance.) Total cost variance