Required information (The following information applies to the questions displaynd beiow) A manufactured product has the following information for June. Compute the direct materials price variance and the direct materials quantity variance. (Indicate the effect of each variance by selecting for fovorable, unfovorable, and no variance. Round "Cost per unit" answers to 2 decimal places.) AQ= Actual Quantity SQ= Standard Quantify AP= Actual Price SP = Standard Price 8) Answer is complete but not entirely correct