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Please Fill in the blanks QS 21-8 (Algo) Dlrect materlals price and quantity varlances LO P3 A company reports the following for one of its

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QS 21-8 (Algo) Dlrect materlals price and quantity varlances LO P3 A company reports the following for one of its products. AQ=ActualQuantitySQ=StandardQuantityAP=ActualPriceSP=StandardPrice Compute the direct materials price and quantity variances and identify each as favorable or unfavorable. AO=ActualQuantitySQ=StandardQuantityAP=ActualPriceSP=StandardPrice Compute the direct materials price and quantity variances and identify each as favorable or unfavorable

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