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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 materials

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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 materials price variance and (2) direct materials quantity variance. Note: Indicate the effect of each voriance by selecting favorable, unfavorable, or no voriance. Round "Cost per unit" answers to 2 decimel ploces. AQ= Actual Quantity SQ= Standard Quantity AP=ActualPrice

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