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Required Information

$[$The following Information applies to the questions displayed below.$]$

A manufactured product has the following Information for June.

Compute the $(1)$ direct materlals price varlance and $(2)$ direct materlals quantity varlance. $($Indlcate the effect of each varlance

by selecting favorable, unfavorable, or no varlance. Round "Cost per unit" answers to $2$ decimal places.$)$

$AQ=$ Actual Quantity

$SQ=$ Standard Quantity

$AP=$ Actual Price

$SP=$ Standard Price