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Required information The following information applies to the questions displayed below) A manufoctured product has the following information for June. Compute the (1) direct materiais

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Required information The following information applies to the questions displayed below) A manufoctured product has the following information for June. Compute the (1) direct materiais price variance and (2) direct materiais quantity variance. Note: 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

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