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A manufactured product has the following information for June. Exercise 23-9 (Algo) Direct materials variances LO P3 Compute the (1) direct materials price variance and

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A manufactured product has the following information for June. Exercise 23-9 (Algo) Direct materials variances LO P3 Compute the (1) direct materials price variance and (2) direct materials quantity variance. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Cost per unit" answers to 2 decimal places. AQ= Actual Quantity SQ= Standard Quantity AP= Actual Price SP= Standard Price

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