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es ! Required information [The following information applies to the questions displayed below.] A manufactured product has the following information for June. Standard Quantity and
es ! Required information [The following information applies to the questions displayed below.] A manufactured product has the following information for June. Standard Quantity and Cost 5 pounds @ $9 per pound 2 DLH @ $16 per DLH 2 DLH @ $13 per DLH Direct materials Direct labor Overhead Units manufactured Actual Results 37,900 pounds @ $9.10 per pound 14,600 hours @ $16.60 per hour $ 201, 200 7,500 units Compute the (1) direct materials price variance and (2) direct materials quantity variance. (Indicate the effect of ee 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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