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A manufactured product has the following information for June 6 lbs. $8 per 1b.) 43,600 lbs. $8.20 per lb SQ - Standard Quantity AP Actual

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A manufactured product has the following information for June 6 lbs. $8 per 1b.) 43,600 lbs. $8.20 per lb SQ - Standard Quantity AP Actual Price Compute the direct materials price variance and the direct materials quantity variance. Indicate whether each variance is unfavorable or SP 8.00 AQ 8.00 348,800 $ 8,720 5 6 of 8

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