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Required information Use the following information for the Exercises below. (Algo) [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. (Algo) [The following information applies to the questions displayed below] A manufactured product has the following information for June. Exercise 21-9 (Algo) Direct materials variances LO P3 Compute the (1) direct materials price variance and ( 2 ) direct materials quantity variance. (Indicate the effect of each variance b selecting favorable, unfavorable, or no variance. Round "Cost per unit" answers to 2 decimal places.)

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