! Required information [The following information applies to the questions displayed below.] A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured Standard Quantity and Cost 6 pounds @ $9 per pound 3 DLH $17 per DLH 3 DLH $13 per DLH Actual Results 52,100 pounds @ $9.10 per pound 25,400 hours @ $17.50 per hour $ 341,800 8,600 units Compute the (1) direct materials price variance and (2) direct materials quantity variance. (Indicate the effect of each variance by 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 AQ 52,100 Actual Cost X $ 474,110 AP $ 9.10 Direct materials price variance Direct materials quantity variance Total direct materials variance $ 5,210 AQ SP 52,100 X $ 9.00 $ 468,900 $ 5,210 0 $ 0 Standard Cost SQ SP $ 9.00