Required information The following information applies to the questiones displayed below! One of Peter Drinkwater International product has the following information for September Standard Actual 52.100 lbs. e $8.20 per Direct materials 6 lbs. @ $8 per lb. hr. Direct labor Overhead Units manufactured 2 2 hrs. e $16 per hr. 16.8 hrs. e $16.60 per hrs. @ $13 per hr. $230,100 8.689 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.) AQ = Actual Quantity SQ Standard Quantity AP Actual Price SP- Standard Price Standard cost Achacos