A manufactured product has the following information for June.

0 Required information The following information applies to the questions displayed below A manufactured product has the following information for June. Standard 6 lbs. e $8 per 1b.) Actual Direct materials Direct labor Overhead Units manufactured 51,500 1bs. $8.10 per 1b. (3 hrs. e $15 per hr.) 25,200 hrs. $15.60 per hr. 8,500 Compute the direct materials price variance and the direct materials quantity variance. Indicate whether each variance is favorable or unfavorable. AQ Actual Quantity SO Standard Quantity AP Actual Price SP Standard Price varilance ls mpute the direct materils price variance and the direct materials quantity variance. Indicate whether each favorable or unfavorable. AQ Actual Quantity SQ Standard Quantity AP Actual Price SP Standard Price Standard Cost Actual Cost 0 Required information The following information applies to the questions displayed below A manufactured product has the following information for June. Actual 1,500 1bs. $8.10 per lb. Standard Direct materials Direct labor Overhead Units manufactured (6 lbs. $8 per b.) (3 hrs. $15 per hr.) 25,200 hrs. $15.60 per hr. (3 hrs. $12 per hr. $312,000 8,500 Compute the direct labor rate variance and the direct labor efficiency variance. Indicate whether each variance is favorable or unfavorable. AH Actual Hours SH Standard Hours AR = Actual Rate SR Standard Rate AH Actual Hours SH Standard Hours AR Actual Rate SR Standard Rate Cost Standard Cost