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Any help please! A manufactured product has the following information for June. Standard Actual Direct materials 7 lbs. @ $8 per lb. 55,000 lbs. (9

Any help please!

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A manufactured product has the following information for June. Standard Actual Direct materials 7 lbs. @ $8 per lb. 55,000 lbs. (9 $8.20 per lb. Direct labor 3 hrs. @ $16 per hr. 23,100 hrs. a $16.50 per hr. Overhead 3 hrs. @ $13 per hr. $309,900 Units manufactured 7,800 Compute the direct materials price variance and the direct materials quantity variance. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance. Round "Cost per unit" answers to 2 decimal places.) A0 = Actual Quantity so = Standard Quantity AP = Actual Price SP = Standard Price

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