A manufactured product has the following information for June. Actual Results Standard Quantity and Cost 6 pounds $8 per pound 2 DLH $16 per DLH Direct materials Direct labor Overhead 13 49,800 pounds @ $8.20 per pound 16,100 hours $16.60 per hour $ 201,900 8,200 units 2 DLH $12 per DLH Units manufactured Compute the (1) direct materials price variance and (2) direct materials quantity variance. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Cost per unit" answers to 2 decimal places.) ok AQ-Actual Quantity SQ Standard Quantity t AP Actual Price ht SP Standard Price Actual Cost Standard Cost nces