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Required information Use the following information for the Exercises below. (Static) [The following information applies to the questions displayed below] A manufactured product has the

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Required information Use the following information for the Exercises below. (Static) [The following information applies to the questions displayed below] A manufactured product has the following information for June. Exercise 23-9 (Static) Direct materials variances LO P3 Compute the (1) direct materials price variance and (2) direct materials 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. AO=ActualQuantitySQ=StandardQuantityAP=ActualPriceSP=StandardPrice Required information Use the following information for the Exercises below. (Static) [The following information applies to the questions displayed below] A manufactured product has the following information for June. Exercise 23-10 (Static) Direct labor variances LO P3 Compute the (1) direct labor rate variance and (2) direct labor efficiency variance. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2 decimal places

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