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A manufactured product has the following information for June. Exercise 21-9 (Static) 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 21-9 (Static) Direct materials variances LO P3 Compute the (1) direct materials price variance and (2) direct materials quantity variance. (Indicate the effect of each variar selecting favorable, unfavorable, or no variance. Round "Cost per unit" answers to 2 decimal places.) AQ=ActualQuantitySQ=StandardQuantityAP=ActualPriceSP=StandardPrice AQ=ActualQuantitySQ=StandardQuantityAP=ActualPriceSP=StandardPrice Compute the (1) direct labor rate variance and (2) direct labor efficiency variance. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2 decimal places.) AH=ActualHoursSH=StandardHoursAR=ActualRateSR=StandardRate

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