A manufactured product has the following information for June.

Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below A manufactured product has the following information for June Standard Direct materials Direct labor Overhead Units manufactured Actual 42,600 1bs. 9 $9.10 per 1b 20,600 hrs. $16.se per hr. (6 bs. @ S9 per lb.) (3 hrs. e $13 per hr) $279,600 hrs: si5 per )279,600 pe 7,000 Exercise 8.9 Direct materials variances LO P2 es Compute the direct materials price varlance and the direct materials quantity variance. Indicate whether each variance is favorable or unfavorable. AQ Actual Quantity SQ Standard Quantity AP Actual Price Compute the direct materials price variance and the direct materials quantity variance. Indicate whether each variance is favorable or unfavorable. AQ Actual Quantity SQ Standard Quantity AP Actual Price SP- Standard Price Actual Cost Standard Cost Compute the direct labor rate variance and the direct labor efficiency variance. Indicate whether each variance is favorable o unfavorable AH Actual Hours SH-Standard Hours AR Actual Rate SR Standard Rate Actual Cost Standard Cost