Required information [The following information applies to the questions displayed below.] A manufactured product has the following information for June. 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 Compute the (1) direct materials price variance and (2) direct materials quantity variance. (indicate the effect of each variance by solecting favoroble, unfavorable, or no variance. Round "Cost per unit" answers to 2 decimal places.) AQ=ActualQuantitySQ=StandardQuantityAP=ActualPriceSP=StandardPrice Compute the (5) direct labor rate varlance and (2) direct labor efficlency variance. (Indicate the effect of eoch voriance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2 decimal places.) AH=Actua:HoursSH=StandardHoursAR=ActualRateSR=StandardRate