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Help 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. 3 $8 per lb. 2 hrs. $17 per hr. 2 hrs. @ $11 per hr. Actual 45,000 lbs. 58.20 per lb. 17,500 hrs. $17.40 per hr. $ 201,100 8,900 (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. Required 1 Required 2 Compute the total cost variance for June. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance Total cost variance