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Question  A manufactured product has the following information for June.

Standard

Actual

Direct materials

(6 lbs. @ $9 per lb.)

51,600 lbs. @ $9.10 per lb.

Direct labor

(3 hrs. @ $17 per hr.)

25,200 hrs. @ $17.40 per hr.

Overhead

(3 hrs. @ $12 per hr.)

$311,100

Units manufactured


8,500

Required 
Compute the standard cost per unit.
Compute the total cost variance for June. Indicate whether the cost variance is favorable or unfavorable.