Question: need help with required 2. please show explanation if possible!!! O Required information The following information applies to the questions displayed below) A manufactured product

O Required information The following information applies to the questions displayed below) A manufactured product has the following information for June Standard Actual Direct materials 5 lbs. @ $8 per lb. 44,500 lbs. @ $8.20 per lb. Direct labor 2 hrs. @ $17 per hr. 17,300 hrs. @ $17.50 per hr. Overhead 2 hrs. $13 per hr. $234,000 Units manufactured 8,800 (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 standard cost per unit. $ Direct materials Direct labor Overhead Total 40 34 26 100 $ mecres Required 2 > Required information The following Information applies to the questions displayed below) A manufactured product has the following information for June. Standard Actual Direct materials 5 lbs. $8 per lb. 44,500 lbs. @ $8.20 per lb. Direct labor 2 hrs. @ $17 per hr. 17,300 hrs. @ $17.50 per hr. Overhead 2 hrs. @ $13 per hr. $234,000 Units manufactured 8,800 (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 Unfavorable
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